SMAs battle platforms for right to squeeze manager margins

Naoumidis admits that the SMART Funds will benefit from the lobbying already done by Perpetual Investments on behalf of its WealthFocus Investment Advantage platform, which gained an ATO tax ruling which will allow investors to switch between 76 underlying funds without crystallising any capital gains tax. Naoumidis will seek a similar ruling.

 

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Rest Super’s selective approach to PE pays off as program comes of age

Rest Super has built its private equity program around a deliberately selective approach to manager and deal selection, favouring a concentrated roster of external partners and proactively seeking out top PE firms rather than waiting for them to come knocking. Head of private markets Marina Pasika unpacks the program’s coming of age and what powered an asset class return more than double the peer average in the last financial year.

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