Rest Super’s selective approach to PE pays off as program comes of age

Rest Super has built its private equity program around a deliberately selective approach to manager and deal selection, favouring a concentrated roster of external partners and proactively seeking out top PE firms rather than waiting for them to come knocking. Head of private markets Marina Pasika unpacks the program’s coming of age and what powered an asset class return more than double the peer average in the last financial year.

What is really going on behind the Epic Retirement Tick v2.0

The Epic Retirement Tick, launched last year by the Epic Retirement Institute and Chant West, provides consumers with an overview of super funds deemed to be doing a good job for members in retirement. The criteria behind the Tick are designed to evolve, and to reflect changing practice among funds.

Why modern retirement demands better conversations, smarter scale and connected technology

Retirement is not a not so much a moment-in-time event as it is an aspirational concept, and not an event forced by age as much as one entered into by choice. Kristine Goodwin and Ashley Tilston examine what that shift means for super funds and financial advisers as members navigate the psychology, scale and technology demands of modern retirement.

Prime Super merger shows small fund problems aren’t going away

The $8 billion Prime Super’s move to pursue a successor fund transfer with Aware shows that the existential problems facing small funds aren’t going away. In fact, with administration and retirement dominating boardrooms and headlines, they might be getting worse.

Don’t get deafened by the noise. It’s still early days for AI

The problem for the AI sceptics is that betting against human ingenuity, science and progress has historically been a difficult way to make money, writes Stuart Eliot, general manager of investments at AMP. These forces compound small gains relentlessly in a way that is invisible from one day to the next but eventually overwhelms even the most persuasive bear case with the passing of years.

Cbus CEO wants SMSF guardrails, but says funds ‘asleep at the wheel’ on engagement  

In a wide-ranging interview with Investment Magazine, Cbus chief executive Kristian Fok called for more guardrails to be put up around SMSF establishment while also conceding that profit-to-member funds need to do more to keep the members they are haemorrhaging to the vehicle and upstart retail platforms.

Northern Trust warns against mistaking LLM fluency for alpha

Anyone with basic coding skills can now point an AI agent at company filings, but few can use them to generate true alpha. In a new paper, Northern Trust Asset Management quantitative researchers set out which text-based signals actually survive live implementation and the questions to ask before trusting any of them.