Performance for the Advance fund, before fees, exceeded the benchmark ASX 200 by 1.4 per for the 12 months ending in August, and Farrell said he expected the fund to continue its good performance.
Investments
Ian Patrick, chief investment officer of the $370 billion Australian Retirement Trust, says that integrated balance sheet management will “beyond a shadow of a doubt” become a more prominent feature in the superannuation industry as funds grapple with the compounding effects of their growing size, systemic importance and the liquidity needs of servicing a larger cohort of retirees.
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