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State Super offloads investment team to Frontier

Financial Standard

|

October 20, 2025

State Super will outsource its investment team to Frontier Advisors and as part of the deal, the government superannuation fund will take a stake in the industry super fund-backed asset consultant.

- Karren Vergara

The two organisations described the arrangement as an “independent chief investment officer” or ICIO service, which is expected to launch before the end of 2025.

The entire State Super investment team, which is led by chief investment officer Charles Wu, will exit State Super and move inside Frontier.

A total of 14 staff members will move from State Super to join Frontier’s Sydney-based team to take the headcount over 100.

“No staff from either firm will be displaced by the venture and it is expected that take up of the ICIO service will ultimately see Frontier continue to expand its team to accommodate the forecast growth,” Frontier said.

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