At this stage the recommendations form a report only to Government, with the Government yet to respond. The federal minister for superannuation, Chris Bowen, has indicated the response will take between six and eight weeks. But this was before a federal election was called for August 21, which will undoubtedly delay the government’s response. Nevertheless, a lengthy consultation between government and the industry is likely once this contest has been fought.
Investments
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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