Merge and save: sub-$1bn funds’ extra costs revealed

Australia,
however defined benefit funds were excluded for the purposes of the research due
to the higher nature of their administration costs. The data collected related to the year to June 30, 2008.

 

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Why Team Super won’t trade against its own managers

In an environment where markets are becoming ever more concentrated, the $21 billion Team Super is happy to wear plenty of active risk from its managers and won’t use overlays to make up for underperformance.

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