The total portfolio approach has allowed Australia’s sovereign wealth fund to capture the themes that will power markets and economies for decades to come, said director of thought leadership Craig Thorburn – but that doesn’t mean it’s not hard to scale.
ASIC has warned that a tail of underperforming superannuation trustees risks undermining industry-wide progress on claims handling more than a year after the regulator excoriated funds for dragging their feet on death benefits claims.
Ryan Riedler, head of ASX core strategy, Australian equities at Cbus, says the fund will look to generate alpha locally through engagement and that internalisation will help it strengthen its connection with other market participants, as well as its brokers and service providers.
AustralianSuper’s head of Australian real assets, Nick O’Neil, is leaving the fund to become group chief executive officer and managing director of the ASX-listed global real estate and infrastructure group Lendlease.
Super funds are in a prime position to promote more open conversations around mental health among members and employers, serving as a conduit between two worlds where the topic is both a personal wellbeing issue and a business challenge. One of the sector’s unique features is that it has broad exposure to the Australian economy, … Read more
As the retirement phase becomes the defining challenge of the superannuation system, the ability to measure what truly matters for members will increasingly shape how funds design, prioritise and deliver retirement outcomes. Funds must be able to measure, understand and improve retirement outcomes, not just investment performance.
Training for a marathon can’t start the day before the race, and preparing for retirement can’t start the day before someone stops working. The superannuation industry must find ways to play a more active role in Australians’ lives to set them up better to reap the full benefits of the $4.5 trillion system.
Over the past decade, private credit has become an important component of many asset owner portfolios, but a perception of the asset class as risky – or, in some isolated cases, fraudulent – means it is still treated with suspicion by some commentators and investors. A “little bit of a shakeout” might help.
Portfolios built for the old world will be severely tested as emerging forces rewrite the rules of investing. The Top1000Funds.com Fiduciary Investors Symposium heard that geopolitical and macroeconomic upheaval, together with the disruption wrought by AI, should force asset owners to rethink the structure and composition of portfolios.
The long-serving CEOs of HESTA and Hostplus have both been made Members of the Order of Australia in a move that signals the growing presence of super funds in the Australian political landscape. APRA deputy chair Margaret Cole, who is set to leave the regulator at the end of this month, has also been honoured for her service to the industry.
NSW Treasurer Daniel Mookhey says last year’s Citi A50 summit is converting investor interest into firm approvals, as the state pushes data centre, renewable energy and electrification projects through a fast-track process and positions Sydney as a global financial centre.
Analysis of data collected by APRA for the annual superannuation performance test showed the prudential regulator could see the rapid growth of the Shield and First Guardian master funds. But the prudential regulator defended inaction, saying it doesn’t have the capability to investigate any red flags.
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Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
