Pension fund AustralianSuper to invest further 8 bln pounds in Britain, says UK government

The British government said on Monday that pension fund AustralianSuper is set to invest 8 billion pounds ($10.15 billion) more in the country, taking its total investment to over 18 billion pounds by the end of the decade.

"This major investment from AustralianSuper will promote growth and strengthen the UK’s position as a leading financial centre, creating wealth and helping to fund public services," finance minister Jeremy Hunt said in the statement. ($1 = 0.7879 pounds)