Private debt offers attractive returns but allocation constrained by performance test

Private debt can provide investors with attractive returns and a natural hedge against rising interest rates. However, the Your Future, Your Super performance test imposes constraints on super funds’ allocation to this asset class due to tracking error.

Members of the life insurance industry back a new peak body

Members of the Australian life insurance industry have backed the new peak body, the Council of Australian Life Insurers (CALI).

ISPT, HESTA & UniSuper co-invest into $600m UNSW Health Translation Hub

Property fund manager ISPT, super funds HESTA and UniSuper, and infrastructure investor and developer Plenary have partnered with the University of New South Wales (UNSW) to develop a $600 million Health Translation Hub (HTH) at Randwick’s health innovation precinct.