Published On: Fri, Jul 4th, 2014

Australia Fund LUCRF Chooses MSCI’s BarraOne For Multi-Asset Class Risk Management

Henry Fernandez, Chairman and CEO of MSCI

Henry Fernandez, Chairman and CEO of MSCI

MSCI Inc., a leading provider of investment decision support tools worldwide, announced on 1 July that Labour Union Co-operative Retirement Fund (LUCRF), Australia’s first industry superannuation fund, has chosen BarraOne to provide them with a holistic, multi-asset class approach to measuring, monitoring and reporting market and active investment risk. LUCRF, which currently has approximately AUD 4.3 billion in funds under management, was created in 1987 and has more than 180,000 members across Australia.

“We believe that BarraOne will enhance our understanding of the sources of risk across all our investment strategies and managers,” said Roger McIntosh, Head of Investments for LUCRF.“It will also provide the basis for a more cohesive framework to evaluate, model and implement investment
decisions. The main reasons we chose BarraOne were MSCI’s commitment to developing a service offering specifically tailored for asset owners, the depth and availability of index information
across multiple sources, sophisticated portfolio construction and risk modelling tools and access to relevant, actionable portfolio management research.”

“We are delighted that LUCRF has joined the growing number of asset owners in Australia, including
CBUS and HESTA, and globally using BarraOne for their multi-asset class risk management,” said Michael Anderson, Executive Director and Head of Client Coverage for MSCI in Australia
and New Zealand. “Many of our clients based in Australia are using BarraOne to help them address the APRA prudential standards which require superannuation entities to demonstrate their understanding of the sources of risk and returns, and their stress testing capabilities.”

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