Hedge Funds

Women more satisfied with SMSFs than institutional super funds

Out of the largest 15 superannuation funds women are most satisfied with the financial performance of self-managed super funds (SMSFs). Based on a survey of 16,431 women with superannuation accounts Roy Morgan’s research shows 78.8 per cent were satisfied with SMSFs while the highest ranked institutional fund was QSuper at 72.7 per cent (see box). […]
Hedge Funds

ETF use to grow rapidly amongst all types of investors

The ownership of exchange traded funds (ETFs) by investors is growing at three times the speed of superannuation assets, according to provider State Street Global Advisors. The amount invested in ETFs registered in Australia will grow from $12 billion currently to $25 billion over several years, while a far greater figure is already invested by […]
Policy and Regulation

Overhaul needed or super “condemned”: Deloitte

The superannuation system is “condemned to fail” if it isn’t overhauled and made consistent with the aged pension by providing lifetime benefits rather than lump sums, warns a new Deloitte report. The Federal Government and the industry should be tasked with moving super to an annuitised and more flexible system or leave Australians woefully underfunded […]
Hedge Funds

UniSuper: the ivory power

Chris Cuffe is known for many successes, not the least of which was his contribution to the establishment of Colonial First State. His subsequent philanthropic pursuits include his $55-million Thirdlink investment fund of funds, which donates all management fees to charity, approximately $60,000 a month. In addition, he’s an advocate of Primary Ethics, which delivers […]