Six institutions climbed more than 10 places in this year’s rankings. The biggest mover was the Australian Retirement Trust, which is a new entity arising from the merger between SunSuper and Qsuper in February this year.

Top three new entrants to the GI 100

Samsung Life Insurance
New at 28; $19.1bn invested

The Crown Estate*
New at 29; $18.3bn invested

Japan Post Bank
New at 40; $13.4bn invested

*Data as of date other
than December 31, 2021

With $10.9 billion invested in real estate, and with more than A$200 billion in total assets under management, the newly formed pension fund is making its presence known in the top 50.

Two insurance companies have also been making waves: Paris-based AG2R La Mondiale grew its allocation by one-third to reach 84th position, and China’s Ping An Life Insurance climbed 12 places to 33, following a 64 percent increase in equity invested. 

The two highest-ranking new entrants also deserve a mention. Seoul-based Samsung Life Insurance and The Crown Estate, the private corporation of the British monarchy, came in at 28th and 29th place, respectively. The Crown Estate is a property specialist with an 89 percent allocation to real estate.