Texas’ ERS eyes hedge fund start-ups
The $28 billion Employees Retirement System of Texas is looking to allocate more capital to start up hedge funds after backing Cinctive Capital Management in New York.
New data supports raising SG to 12 per cent
Australians overwhelmingly want the superannuation guarantee (SG) lifted to 12 per cent, according to polling carried out exclusively for AIST.
AustralianSuper’s Mark Delaney eyes India
Australia’s largest industry super fund has looked to India to boost returns as it ramps up its allocation in offshore private markets to further diversify its portfolio.
Investors shrug off PE risk to tap unlisted companies
Signs of overheating in private equity is not deterring investors as an increasing number of companies delay going public, according to the Thinking Ahead Institute.
Hostplus and Club Super to merge
Hostplus has agreed to merge with its smaller competitor to create a $42.6 billion industry fund.
Putting Members First Bill passes with dangerous amendments
The government has negotiated the Putting Members First Bill with crossbenchers, who were concerned about the loss of valuable insurance for workers in high-risk occupations who may not be able to get cover elsewhere.
Sunsuper names Bernard Reilly CEO
Sunsuper appoints TCorp’s Bernard Reilly to the top job, replacing Scott Hartley who resigned after more than five years at the helm.
Does size matter? VicSuper, First State, Media Super say ‘yes’
A wave of consolidation will see Australia’s superannuation industry emerge with a handful of jumbo funds and a clutch of niche players, says First State Super’s Deanne Stewart.
Embrace the blackbox says AMP Capital, FORT
Australia’s $2.9 trillion superannuation industry should not be afraid of using artificial intelligence or machine learning, delegates were told at the Absolute Returns Conference in Sydney.
