Catholic-Equip Super CIO sees danger in heatmap
APRA’s heatmap will greatly exacerbate the problem of peer pressure and change the way that portfolios are built, says Anna Shelley, the investment chief of EquipSuper and Catholic Super.
Home fund needed for ‘orphans’
Mergers between strong super funds will likely leave the weaker ones without a partner. David Bell suggests a consolidation fund be founded to house them.
Super funds to raise billions of dollars: Rice Warner
Australian super funds could soon be forced to hold billions of dollars in capital as the industry surpasses the banking sector, says Michael Rice.
Industry sees best returns in six years
Australia’s super funds rebounded with the global equity market last year to post the biggest return since 2013.
Hidden super tax to hit members
Legislative reform is needed urgently to fix an unintended tax slug when rolling over super accounts, says John Berrill.
Trustees on notice as legal action escalates
As 2019 draws to a close, the trustees of Australia’s $2.9 trillion superannuation industry are facing an unprecedented level of class actions against them and surging insurance premiums.
Michalakis warns funds to buckle up for rollercoaster
The underlying volatility of equity returns may more than swamp the so called “yield” on offer in 2020.
Mine Super’s plan to beat the market
Mine Super’s Seamus Collins said superannuation funds cannot just rely on investment strategy to beat the market, they also need to up their spend on investment operations.
Super funds battle currency risk in private asset shopping spree
Hedging private assets is more critical than ever as Australian super funds buy offshore at record prices, a group of institutional investors have said.
QSuper names former Sunsuper boss as chair
Queensland’s largest superannuation fund has appointed Don Luke as chair, replacing Karl Morris who steps down at the end of the year.
Christian Super, NGS say heatmap amplifies herding risk
APRA’s heatmap risks stifling innovation and reducing diversification which could would have a harmful effect on member outcomes in the event of a market meltdown, says Christian Super’s CEO Ross Piper.
Maritime Super shrugs off APRA’s heatmap result
The $6 billion fund flashed dark red on the regulator’s heatmap for both performance and fees yet the CEO, Peter Robertson, is not going to change a thing.
