Public Knowledge – making news this month…

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 AI boom has left super funds with nowhere to run

Whenever super fund CIOs are asked what they’re doing about AI risk, “diversifying” is always the answer. But as cross-portfolio exposures to the thematic grow and grow, that answer is no longer good enough.

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