06/11/2008
In what could be the last piece of good performance news for super funds for some time, the Chant West Multimanager Survey found the median superannuation ‘growth’ fund (with a 61 – 80 per cent allocation to growth assets) returned 2.3 per cent for the premeltdown month of August.
State Street Global Advisors internally promoted Rick Lacaille as its new global chief investment officer.
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The outgoing chief investment officer of AustralianSuper Mark Delaney said one of the biggest regrets he will have as he leaves the $410 billion fund is not going overweight on the AI and digital thematic in public markets sooner, as the nation’s most powerful allocator reflects on the investment case of the technology sector in the superannuation summit in New York last week.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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