AGEST in the mix

As the Minister for Superannuation confirms plans to include AGEST in the already-announced merger of the ARIA and Military Super boards from 2010, AGEST chief executive Michael Seton has argued the case for his $3 billion fund remaining stand-alone.

Seton said his understanding of the proposal was that it would merge the boards rather than funds,

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Super funds grapple with hidden AI cross-exposures as boom runs on 

As super funds work to understand their total portfolio exposure to the artificial intelligence thematic, a complex picture of hidden betas and “attachment points” is gradually emerging. They also need to figure out how to play the same thematic in the “tricky” China market.

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