Key Takeaways
- • JANA Investment Advisers has been appointed Implemented Consultant to TasBuild, the Tasmanian body that manages portable long service leave entitlements for building and construction workers in Tasmania.
- • The mandate covers holistic investment advice, portfolio construction and implementation services, with JANA's liability-aware consulting including actuarial expertise and asset-liability modelling.
- • The appointment reflects continued demand from statutory and purpose-led organisations for long-term, outcome-focused investment partnerships, per JANA's announcement.
- • JANA's publisher context indicates its implemented consulting platform has grown from $11 billion to more than $18 billion over five years, and that it has previously been appointed to similar portable long service leave mandates.
Summary
JANA Investment Advisers (JANA) has been appointed as the Implemented Consultant for TasBuild, the body responsible for managing portable long service leave entitlements for workers in Tasmania's building and construction industry, according to the firm's announcement published via AdviserVoice.
The mandate centres on JANA's liability-aware consulting capabilities, including actuarial expertise and asset-liability modelling intended to support investment decision making. The firm said this capability is particularly relevant for long service leave funds and redundancy trusts targeting specific funding ratios amid market volatility and governance complexity. JANA will provide holistic investment advice, portfolio construction and implementation services aimed at the long-term sustainability of the fund.
Sai Srinivasan, Head of Client Development at JANA, said the firm was delighted to be appointed and described TasBuild as playing a critical role in supporting workers in the Tasmanian construction industry. Mark Williams, Chief Executive Officer of TasBuild, cited strong cultural alignment between the organisations, particularly a shared commitment to disciplined governance, thoughtful investment strategy and long-term outcomes.
JANA characterised the appointment as evidence of its continued growth and its track record across superannuation, endowments, insurers and statutory funds. Publisher context indicates the firm's implemented consulting business has grown to $18.8 billion, driven by mandate wins from insurers, universities and charities, and that JANA also serves as asset consultant to LeavePlus, the $2 billion portable long service leave scheme for Victorian construction workers. The announcement did not disclose the mandate's asset value or contract terms.
The mandate centres on JANA's liability-aware consulting capabilities, including actuarial expertise and asset-liability modelling intended to support investment decision making. The firm said this capability is particularly relevant for long service leave funds and redundancy trusts targeting specific funding ratios amid market volatility and governance complexity. JANA will provide holistic investment advice, portfolio construction and implementation services aimed at the long-term sustainability of the fund.
Sai Srinivasan, Head of Client Development at JANA, said the firm was delighted to be appointed and described TasBuild as playing a critical role in supporting workers in the Tasmanian construction industry. Mark Williams, Chief Executive Officer of TasBuild, cited strong cultural alignment between the organisations, particularly a shared commitment to disciplined governance, thoughtful investment strategy and long-term outcomes.
JANA characterised the appointment as evidence of its continued growth and its track record across superannuation, endowments, insurers and statutory funds. Publisher context indicates the firm's implemented consulting business has grown to $18.8 billion, driven by mandate wins from insurers, universities and charities, and that JANA also serves as asset consultant to LeavePlus, the $2 billion portable long service leave scheme for Victorian construction workers. The announcement did not disclose the mandate's asset value or contract terms.
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