There was a wide disparity in the pension funds’ allocations to unlisted assets, with the highest being AustralianSuper (32 per cent), Legalsuper (31 per cent) and Maritime Super (30 per cent) and the lowest being AXA Summit and CFS First Choice (both zero) and First State Super (2 per cent).
11 May 2009 13:00
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Investments
The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.
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