Another AMP Limited corporate superannuation client is testing the market.
The Australian Cricket Association (ACA) is understood to have commissioned actuarial research consultancy, Rice Warner to conduct a review of its needs and to test the market among corporate superannuation providers.
The Australian Cricket Superannuation Plan is one of the default funds available to Cricket Australia employees.
The Australian Cricketers Association has listed AMP Limited as the administrator of the Australian Cricket Superannuation Plan which looks after the superannuation interests of Australia’s contracted crickets and staff of the state cricket associations.
It lists Australian Unity Personal Financial Services as being financial advisers to the plan.
BlackRock has reduced its exposure to Australian and European equities in favour of emerging markets.
Equity markets have surged ahead of fundamentals as institutional investors fall behind, according to Ten Cap Alpha Plus.
Local investors are leading the region in plans to boost private market exposure, as demand grows for innovative fund structures, resilient investments, and a more selective approach to alternatives.
Research shows institutional investors are increasingly turning to private credit, but the APAC region’s relatively small market size remains a key constraint.