statewide super

Industry

Hostplus, Statewide deal puts combined entity in enviable mega-fund territory

The planned merger between hospitality-based super fund Hostplus and South Australia-based Statewide catapults a fund with one of the industry's most attractive net flow profiles into the ten largest in the country.

Stewart HawkinsJune 30, 2021

Regulation

REST and Statewide actions put super industry on notice

ASIC’s new super enforcement and surveillance remit includes a focus on trustee competence and oversight that has led the regulator to investigate a “pocket of trustees” it believes is involved in misconduct, Karen Chester has revealed.

Matthew SmithMarch 10, 2021

Statewide Super CIO Con Michalakis (Photo: Matthew Fatches)

Investment Strategy

Statewide’s Michalakis on staying ahead of the performance test

Having strong performance relative to the listed benchmark portfolio will be important for funds as the government’s new test begins, Con Michalakis says.

Matthew SmithJanuary 18, 2021

Absolute Returns Conference Digital 2020

Aware Super backing tail-risk hedging for retirement cohort

The $125 billion industry fund says that while it doesn’t make sense for younger members, retirement age members can benefit from tailored tail-risk hedging strategies as proxy guards against sequencing risk.

Tahn SharpeSeptember 30, 2020

Investment Strategy

Michalakis warns funds to buckle up for rollercoaster

The underlying volatility of equity returns may more than swamp the so called “yield” on offer in 2020.

Con MichalakisDecember 18, 2019

Chair's Seat

Tasplan’s Naomi Edwards on mergers and ‘unique value’ propositions

Naomi Edwards, chair of $9.5 billion Hobart-based superannuation fund, Tasplan, says many super funds kid themselves over how unique their value proposition is.

Elizabeth FryAugust 12, 2019

Policy and regulation

Super funds face intense media scrutiny

Asset owners say their investment decisions are being scrutinised for proof they are in the best interests of their members.

Elizabeth FryMay 29, 2019

CIO profiles

Statewide’s Con Michalakis: A contrarian investor

Statewide Super's high-profile CIO Con Michalakis is known for his bold investing style- a style that inevitably leads to taking contrarian stakes in coveted assets.

Elizabeth FryApril 10, 2019

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