Some of Australia’s largest asset owners including AustralianSuper, First State, and HESTA have been named finalists for the Chant West Super Fund of the Year award for 2020.
“Each year we have a theme and the focus for this year is on the long term,” said Ian Fryer, head of research at Chant West. “It’s about recognising funds with long-term sustainability embedded into all that they do.” The winners will be announced at the 2020 Chant West and Conexus Financial Superannuation Awards which will be held in Sydney on May 14.
Potential merger partners QSuper and Sunsuper, along with UniSuper, Cbus and HostPlus have also been named finalists by the research house. Among the smaller players, the $16 billion CareSuper fund and LGIAsuper, which oversees $12 billion, made the cut. Most of the same funds are also contenders for the Best Fund: Investments award along with Australia’s largest corporate super fund, TelstraSuper.
“We are looking at long term outcomes for member’s investments and where they will perform strongly over the long term,” said Fryer. “This also includes looking at a fund’s structure, scale as well as governance.”
Among the finalists for Pension Fund of the Year, AMP MyNorth made the list, along with CFS FirstChoice Wholesale and VicSuper, which is merging with First State. See below for the full list of finalists.
The 2020 Chant West and Conexus Financial Superannuation Awards are sponsored by event partner AIA Australia. All the winners will be announced at a dinner event on May 14, 2020 at the Ivy Ballroom, Sydney. Tickets now available, visit https://www.superawards.com.au/