the fund

Administration

Sunsuper CEO pledges to lower fees

Scott Hartley has pledged lower fees for Sunsuper members in a bullish statement on the fund’s ability to become top choice for corporate clients. In his first public utterances since becoming chief executive, Hartley’s pledge is in stark contrast to most other funds, who have held out little prospect of fee cuts in the face […]
Investment Strategy

Sunsuper: a growing provider of private capital

Sunsuper is expanding its investment team to help it take greater advantage of investment opportunities. The fund, which runs $28 billion in assets, is increasingly using its size to negotiate exclusive partnership deals with fund managers to purchase property, loans, infrastructure and private companies. Currently around 29 per cent of the fund is invested in […]
Investment Strategy

Small firms favour ‘simple’ SunSuper

Sunsuper is claiming a big growth in small employer clients from searches carried out on Google with the term ‘pay super simple’. The fund appears as the second highest search result for this term, the ranking for which is determined by the popularity of the link and the closeness of the search term to the […]
Investment Strategy

Unisuper says buyer beware of star fund

Unisuper has issued a ‘buyer beware’ warning on the prospects of its high performing Global Environmental Opportunities fund. The fund has attracted the attention of members after it returned 45 per cent after tax to the end of September for a small group of members who now invest $85 million within it. It is entirely […]
Unintentional

From politics to post-retirement

Former Victorian premier and federal member of parliament, John Brumby likes women. Since his appointment as independent chair of the MTAA Super Trustee Board in April 2011, he has overseen the appointment of the fund’s first female chief executive and independent directors. Former AvSuper chief executive Leeanne Turner replaced the fund’s longstanding leader, Michael Delaney, […]
Hedge Funds

One true super

Australia’s first Islamic principle-compliant superannuation fund has gained 30 to 50 members a week from industry and retail funds in its first few months of operation. Crescent Wealth has focused its marketing on Muslims under the age of 40, with adverts on Facebook and Google with the messages “Is your super Halal? Ours is” and […]
Investment Strategy

Sunsuper: “time to renew”

The next chief executive of Sunsuper will have to handle the fund’s expected rapid growth, according to chair, Graham Heilbronn, who says projections show the fund growing from $24 billion to $40 billion in the next five years. The fund will be searching internally as well as externally for a new chief executive, with Heilbronn […]
Governance

Advice advances as super offering

UniSuper is to grow its number of financial planners, as research shows members are more likely to stay with the fund if they receive intra-fund advice. Speaking at the AIST Superannuation Administration Symposium in Melbourne on August 15, Chris Davies, UniSuper’s executive manager for member and employer solutions, said the fund’s unique understanding of its […]
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