Catholic fund commits to self-administration

The $4 billion, 90,000-member Australian Catholic Superannuation & Retirement Fund (ACSRF) has made a major software purchase which reaffirms its commitment to self-administration.

The ACSRF is understood to be in the midst of implementing Wealth.net, the front-office administration platform produced by Bluedoor, a subsidiary of DST International.

 

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‘Bang, fizzle, pop’: AustralianSuper CIO laments late tilt to AI

The outgoing chief investment officer of AustralianSuper Mark Delaney said one of the biggest regrets he will have as he leaves the $410 billion fund is not going overweight on the AI and digital thematic in public markets sooner, as the nation’s most powerful allocator reflects on the investment case of the technology sector in the superannuation summit in New York last week.

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