Super also a casualty of the soaring Aussie

“But I think the results will give members a lot of comfort to know that last year’s positive return wasn’t a one-off, so it has been a year of consolidation.”

Chant West estimated that, on average, super funds need another 4.5 per cent in returns to get back to pre-global financial crisis levels.

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Robeco CIO says AI winners and losers will be decided within a year

Asset managers that underestimate the importance of artificial intelligence to their businesses do so at their own peril, according to Anton Eser, global chief investment officer of Robeco, who thinks that many have less than a year to get across the “most important transformation” the industry has seen since the beginning of the index business more than 25 years ago.

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