Big funds tackle peer risk
Focusing on the risks faced by members and judging each investment on its merits helps superannuation funds break from common asset allocations, investment chiefs at the Future Fund and QSuper told CMSF 2012 yesterday.
The past 20 years have seen at least three financial crises, the rise of the superannuation guarantee from 3 per cent to 12 per cent and the maturing of fund memberships, said Brad Holzberger, chief investment officer of the $30 billion QSuper. But asset allocations remain largely static.
Click here to view a roundup of day two of the 2012 CMSF conference