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2025 Fiduciary Investors Symposium NSW
How US pension fund giant CalSTRS freed itself from investment ‘silos’
The US$350 billion CalSTRS is still in the process of moving to the total portfolio approach but has already found that it can move faster on investment opportunities that don’t fit easily into a traditional asset class framework.
Lachlan MaddockJune 18, 2025
The latest
2025 Fiduciary Investors Symposium NSW
‘Glued to the Weather Channel’: Investing in insurance-linked securities
Asset owners seeking diversification are turning to insurance-linked securities, including catastrophe bonds, but the Fiduciary Investors Symposium heard the asset class requires quite a bit of caution. Despite strong returns in recent years, losses can be unpredictable and significant.
Industry & regulation
‘We should all be asking’: ASIC takes aim at fees, valuations in private credit
ASIC chair Joe Longo says that the corporate cop won’t rush to introduce more regulation into private markets but that he doesn’t want to be “picking up the pieces in three years’ time”. The comments come as ASIC also tightens its focus on delivery of member services, with Longo warning the regulator would pursue enforcement action in response to failure.
2025 Fiduciary Investors Symposium NSW
Dispersion of private market manager skill a minefield for investors
Super funds and other asset owners are better equipped to navigate the new private credit landscape than retail investors, but they still have a role to play in educating them amidst booming interest in the asset class.
22 July, 2025
Insurance in Super Summit
13 August, 2025
Retirement Conference
21 - 23 October, 2025
Fiduciary Investors Symposium
Leadership
Opinion
Why super funds need to do more to demystify the Age Pension
The Age Pension remains a significant source of income for the majority of retired Australians, yet it remains one of the most misunderstood aspects of our retirement system. Improving understanding can’t be achieved through product innovation alone. We need a national push to improve retirement literacy, led by an industry committed to simplifying complexity and delivering solutions that work in the real world.
Alexis GeorgeJune 19, 2025
Profiles
How Future Group built ‘a culture designed to fly’
The $16 billion Future Group punches above its weight when it comes to forming public opinion and shaping policy on sustainability and ESG issues. Chief investment officer Ed Tomlinson says a trust-based team approach and an ongoing commitment to allowing employees to work from home help it to foster the values it needs to be effective.
Simon HoyleApril 2, 2025
Profiles
Hostplus admits global fundie woes pose risk to external manager strategy
Hostplus chief investment officer Sam Sicilia has declared that for as long as he and chief executive David Elia are overseeing the $110 billion fund, there will be no investment internalisation. However, he acknowledges that if the institutional asset manager business model comes too much under pressure, it poses risks and instability to Hostplus’ externalisation model.
Darcy SongSeptember 10, 2024
Member engagement
Retirement
Aware poaches new retirement GM from ART
Aware Super has moved to fill a gap in its retirement solutions expertise after its former head of retirement was hired away by AustralianSuper. The $190 billion fund has recruited a key former member of Australian Retirement Trust’s team to focus on developing strategy across retirement products and services.
Simon HoyleJune 19, 2025
Governance
Former Qantas Super boss takes CIO reins at Rest
Michael Clancy will preside over the circa $93 billion Rest Super’s 140-strong investment team as it looks to grow its membership and assets under management over the next decade. He is expected to bring a managerial bent to a role that has often had a pure investment focus.
Lachlan MaddockMay 21, 2025
Governance
APRA sets the clock ticking on trustee director tenure
A package of proposals designed to improve governance of APRA-regulated entities sets lifetime tenure limit of 10 years for super fund trustee directors. It also aims to substantially beef up monitoring and enforcement of director competence, skills and propriety, and challenge board appointments when it believes individuals aren’t fit to serve.
Simon HoyleMarch 6, 2025
Industry and regulation
Policy and Regulation
What it would really take for a super industry liquidity crisis
Liquidity management and potential for liquidity stress in superannuation (super) has recently been under focus by authorities such as APRA, the RBA and the IMF. In our Systemic impacts of ‘big super’ report of January 2025, we concluded that systemic liquidity stresses are unlikely to emerge from the super industry, albeit did not entirely rule […]
David Bell and Geoff WarrenJune 19, 2025
2025 Fiduciary Investors Symposium NSW
Asset owners rethink US allocations as ‘momentum’ slows
Australian asset owners are being forced to reconsider their massive exposures to US markets as political and economic upheaval roils the land of the free. But when it comes to investments, is there any meaningful alternative?
Lachlan MaddockJune 10, 2025
Investments
What super funds can learn about TPA from global heavyweights
With a growing number of Australian asset owners starting down the path to adopting a total portfolio approach, there’s a wealth of knowledge to be gleaned from their international peers.
Lachlan Maddock, Darcy Song and Simon HoyleMay 30, 2025