stephen jackman

Hedge Funds

Definition of ‘growth’ distorts performance tables

Funds are being accused of gaming the success of their MySuper products by understating the level of growth assets. Analysis by PwC of the strategic asset allocations for 30 funds in the SuperRatings SR 50 Balanced (60-76) index per cent survey has shown a wide variety of interpretation for growth assets. The implications are large. […]