Our History
QIC commenced operations in 1989 and was formally established in 1991. Since then, we have grown to be one of the largest institutional investment managers in Australia, with more than 80 institutional clients and $65 billion* in funds under management.
Previously known as ‘Queensland Investment Corporation’, we are a Queensland Government-owned corporation that operates under the provision of the Government Owned Corporations Act 1993 and the Queensland Investment Corporation Act 1991. We operate as a fully commercial organisation, charging fees for services and paying a dividend to the Queensland Government, and are registered under the Corporations Act 2001 as QIC Limited.
Our heritage as a government-owned corporation has resulted in a passionate culture of total client focus and finding better ways to exceed our clients’ investment objectives. Our unique history of traditionally managing the total investment portfolio for very large clients has enabled us to pursue and adapt innovative solutions that few other fund managers have been able to do.
*as at 30 September 2009