23 May 2011 14:00
“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.
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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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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