Asset allocations and investment strategies would also be considered by trustees, with the CueSuper experience showing it was important to get investment committees and asset consultants together, Rodwell-Ball said, to ensure there was “no risk or loss of value in the first few months of the merger”.
Mergers & acquisitions
With the super industry facing into headwinds that raise the floor on minimum scale and increase complexity, the pressure towards further consolidation should ultimately prove unstoppable, and a natural end-point could be ten mega-funds over $200 billion in size managing more than 90 per cent of system assets. The path to that destination, however, could be bumpy.
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