Despite a slowdown in private equity transactions and some challenges in exiting funds, liquidity from recent mergers has given the $32 billion Brighter Super plenty of confidence to build out the asset class allocation to around 5 per cent of the portfolio.
Delays in the passage of legislation and the finalisation of accounting standards, and the recent precedent of new rules being added without industry consultation in other policy areas, add strength to the argument that the climate reporting regime ought to be delayed further so the companies and those that invest in them have certainty.
APRA has imposed additional licence conditions on Fiducian Portfolio Services to address data-related concerns ahead of this year’s Your Future Your Super performance test.
The $30 billion Spirit Super has completed the transition to use J.P. Morgan as its custody and fund administration services provider.
TelstraSuper has backed Quinbrook’s new infrastructure fund supporting the transition to renewable energy.
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.
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.
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.
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.
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 Australia has announced updates to MetLife Protect and MetLife Protect Super, effective from 30 June 2024.
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.
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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.
