Treasury is considering a new benchmark for “emerging assets” under proposed changes to the Your Future Your Super performance test meant to discourage the index-hugging behaviour that has characterised super fund investments since its introduction in 2021.
The performance test ‘side pocket’ proposal in the just-released Your Future Your Super consultation paper removes barriers to investing in nation-building, but that does not mean that there will be more investment as a result. Understanding why requires looking at both sides of the table.
Colin Tate AM, founder and managing director of Conexus Financial, publisher of Investment Magazine, speaks to Greg Clark, deputy chief investment officer of Hostplus, on the sidelines of the Milken Global Conference in Los Angeles. They discussed the US-China technology divide, Hostplus’s push into private markets and growth equity, the missing conversations around climate and … Read more
The on- and off-stage antics at the extravagant Milken Global Conference in Los Angeles tell us a lot about where institutional capital is right on the money – and where it is putting its head in the sand. And while the event retains the extraordinary intellectual and financial firepower that has always been its signature, something has shifted. The absences are as instructive as what’s on the program.
Australia’s superannuation system can weather financial shocks, geopolitical fragmentation and liquidity crises, but the biggest threat to its stability might be the perception that it can’t. An Investment Magazine roundtable, held in partnership with Northern Trust, has heard that funds need to be just as mindful of shocks to member confidence as they are to financial risks.
The Conexus Institute executive director, Dr David Bell, and research fellow, Dr Geoff Warren, discuss key legislative reforms currently in the pipeline that need to be expedited by the government to support funds in their development of better outcomes for members.
While other asset owners grow increasingly cautious on the United States – even as regulation, peer comparison and plain old FOMO keep them from moving away from it – Mercer Super chief investment officer Graeme Miller told Investment Magazine’s CIO Series podcast that those worried about concentration risk are missing a bigger picture.
Australia’s sovereign wealth fund has returned 11.7 per cent over the last 12 months, growing to a record $269.1 billion and shrugging off a turbulent March quarter shaped by the Iran conflict and stagflation fears.
Mercer Super chief investment officer Graeme Miller believes the traditional investment frameworks that asset owners have used for decades remain fit for purpose – but that technology is the one force reshaping everything fast enough to demand a genuine portfolio response. Speaking on the Investment Magazine CIO Series, Miller argued that while equity markets will … Read more
The nation’s largest profit-to-member super fund has selected Ignition Advice as its partner to roll out digital financial advice to 3.6 million members starting later this year. The move comes as a growing number of funds turn to digital services to improve the access and affordability of advice to members, especially as they transition into retirement.
The prudential regulator has written to super funds to warn them that their information security practices and governance are struggling to keep pace with an increasing number of AI threats – especially those posed by “high capability frontier models” like Anthropic Mythos.
Founded in 2024, Retirement Magazine is a print and digital publication for decision-makers in and over Australia’s retirement system, including superannuation fund C-suite executives and trustee boards, regulators, policymakersand influencers including academic researchers, industry and consumer advocates. Its goal is to be a “nudge” to the system to encourage world-leading policy and business settings for the decumulation phase of superannuation.
The investment intelligence behind Australia’s largest asset owners and their teams
In-depth interviews with leaders, experts and visionaries in the institutional investment community
Updates on the latest industry policy developments and regulation
The challenges and innovations of custody, technology and operational due diligence
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.
