6 September 2011 00:05
Craig Meller, managing director of AMP Financial Services, says the company’s flexible, superannuation product has attracted more than $3 billion since its launch on July 1 last year.
He declined to offer an opinion as to whether recent market volatility would push more superannuation members into cash.
“No one can predict the future,” says Meller.
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The Future Fund delivered a 14.8 per cent one-year return to June 30, 2026, attributing the return to a combination of exposure to commodities, geographic diversification, an increased focus on active management and low exposure to bonds. Newly minted chief investment officer Richard Brandweiner also highlighted strong performance in emerging markets.
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