Spirit Super completes custodian switch amid merger transition
The $30 billion Spirit Super has completed the transition to use J.P. Morgan as its custody and fund administration services provider.
TelstraSuper backs renewable energy infra fund
TelstraSuper has backed Quinbrook’s new infrastructure fund supporting the transition to renewable energy.
How HESTA’s top portfolio designer looks to perfect its TPA
HESTA head of portfolio design Dianne Sandoval says the $83 billion health industry fund realised as far back as 2017 that adopting a total portfolio approach is the best way to exploit its competitive advantage and generate outperformance. As investment dynamics change, Sandoval says integrating genuine diversification and ample liquidity into the approach has never been more essential.
Complexity and nuance in turning natural capital risk into additional returns
Natural capital is receiving unprecedented interest as asset owners turn their attention to net zero, but investment teams face challenges when they seek to understand how to apply portfolio-wide principles to a subject that is notoriously complicated and regionally nuanced, writes JANA’s Renee Grogan.
First Nations super coverage improves but more work remains: ASFA
While superannuation coverage for First Nations Australians has been improved in the past year, more work needs to be done to bring it up to the overall national standards, according to research by ASFA and First Nations Foundation.
‘Unfinished business’ as Insignia chases consolidation in $180b super arm
Less than six months into the top job at Insignia Financial, chief executive Scott Hartley has overhauled the executive team and installed a CEO for its $180 billion superannuation arm. In the next two to three years, Hartley is planning to make some serious progress on the “unfinished business” that is consolidating the wealth giant’s scattered pension operations.
Industry demographics create a super fund challenge for the ages
APRA’s recent release of fund-level demographic data highlights large dispersion along multiple dimensions creating challenges for funds, service providers, policymakers and regulators.
MetLife announces product updates
MetLife Australia has announced updates to MetLife Protect and MetLife Protect Super, effective from 30 June 2024.
REST increases investment in real estate debt
REST has upped its investment in Australian asset manager Metrics Credit Partners’ Real Estate Debt Fund (REDF), which will be deployed into Australian commercial real estate loans across sectors including residential, industrial and specialised real estate assets.
Property downturn ‘inevitable’ – but so is the rebound
Chief investment officer of $25 billion TelstraSuper, Graeme Miller, says that the recent downswing in real estate returns was “inevitable” due to its cyclical nature, but for the same reason, a property rebound will almost certainly occur at some point in the future too. This vote of confidence came as many fund returns were dragged down by the asset class in the 2024 financial year.
Why this UK pension models itself on Australian super funds
People’s Pension, one of the largest master trust workplace pensions in the UK, is modelling itself on Australian super funds as its CIO, Dan Mikulskis, sees strong advantages in setting up an equivalent to IFM Investors for access to private markets and building out internal investment teams.
AMP appoints head of retirement solutions
AMP has hired Estelle Liu as head of retirement solutions, a newly created position as AMP bolsters its retirement capabilities.
