Super Fund Awards: setting standards

Congratulations to the nine winners of the inaugural Chant West | Conexus Financial Super Fund Awards.

The winners were announced on the evening of May 22 at Ivy Ballroom in Sydney and six funds, one consultant and two providers picked up the 10 awards.

The winners were chosen after many weeks of deliberation by research and consultancy firm Chant West, whose process included individually meeting the 10 finalists in each category.

Chant West’s analysis of each shortlisted entrant, along with full coverage of the awards, appears in the June issue of Investment Magazine, and you can watch Prime Minister Julia Gillard presenting the prize to Fund of the Year winner, AustralianSuper.

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Super funds warned on ‘a bloody big fall in the market’

The scale of superannuation funds and their allocation to growth assets – particularly US equities – illustrates a systemic risk that could arise if the US market were to decline significantly. The Fiduciary Investors Symposium heard that the probability of zero or lower real returns for a decade or more isn’t trivial, and that a decline, if it comes, is less likely to be a short, sharp shock than a slow grind downwards.

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