Leadership revisited

Last week I asked some tough questions and expectedly received some passionate responses. My question “where’s the Leadership?” was ultimately aimed at the broader industry and government rather than individual funds.

Understanding the system: where’s the leadership?

Hostplus’ balanced fund has a zero per cent strategic asset allocation to cash. The fund has 1.1 million members. Many of them are young, with nearly 25 per cent below the age of 25 and only 13 per cent above the age of 50, so you can understand how allocating a third of the portfolio […]