AustralianSuper is set to increase its investment portfolio in the UK to more than £18 billion ($35 billion) by the end of the decade. 

The fund’s chief executive, Paul Schroder, reaffirmed the commitment at a reception in Lancaster House, hosted by the UK investment minister Dominic Johnson. 

AustralianSuper’s existing investments include the Canada Water urban regeneration project, London’s King’s Cross Estate, Peel Ports Group and Vantage Data Centers. 

The upcoming deployment focuses on energy transition, digital infrastructure, mixed-use estates, and transport/logistics. 

The fund also holds over £2.5 billion in UK listed equities and recently announced the build-out of a global equites team in London.