EP2: Mergers, acquisitions and the great consolidation trend

Outgoing chair of Togethr Super Andrew Fairley and Chant West general manager Ian Fryer talk with Investment Magazine’s Matthew Smith about the great consolidation trend as well as run the ruler over some recent deal structures and funding situations before making predictions for how further consolidation will play out.

Participants:
• Andrew Fairley, Specialist superannuation lawyer, Hall & Wilcox
• Ian Fryer, General manager, Chant West

Moderator:
• Matthew Smith, Managing editor, Investment Magazine

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Super system on the inexorable path towards ten mega-funds

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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