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Diversified Fund Provisional Returns > About Us > Pages > History
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Our History

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Our History

QIC, previously known as "Queensland Investment Corporation', is a Queensland Government-owned corporation that operates under the provision of the Government Owned Corporations Act 1993 and the Queensland Investment Corporation Act 1991. QIC operates as a fully commercial organisation, charging fees for services and paying a dividend to the Queensland Government, and is registered under the Corporations Act 2001 as QIC Limited.

QIC commenced investment operations in 1989 and was formally established in 1991. Since then, QIC has grown to be the largest institutional investment manager in Australia, with over $70 billion in funds under management. We have over 80 institutional clients, who are located both nationally and internationally and include superannuation funds, government and statutory authorities, insurance organisations, charitable bodies, financial services companies and educational institutions.

QIC's heritage has forged a culture of openly challenging conventional investment thinking to find a better way to achieve our clients' investment objectives. Across all major asset classes, QIC merges some of the industry's best pragmatic investments with a proven environment of innovation for client benefit.