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NEWS AND RESEARCH
Compared to how funds were allocated to March this year, industry super funds have slightly decreased their allocation to infrastructure in the six…
AMP has made its first foray into bitcoin, confirming a modest allocation to the cryptocurrency, according to its senior portfolio manager.
The two life insurers have announced a merger following the total acquisition of Resolution Life’s Australiasian subsidiary by Nippon Life Insurance…
An experienced communications specialist is joining the industry group in a newly created role.
The State Street Risk Appetite Index saw its fourth consecutive month of risk seeking activity, rising to 0.27 in November.
The RBA has marked a shift in tone, dropping its usual phrase about “ruling anything in or out” to signal an evolving approach as fresh data shapes…
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X Ultra Short Nasdaq 100 Hedge
96.66 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
3
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
4
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.73 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
30.15 3 y p.a(%)
SUPERANNUATION
Compared to how funds were allocated to March this year, industry super funds have slightly decreased their allocation to infrastructure in the six months to September – ...
AMP has made its first foray into bitcoin, confirming a modest allocation to the cryptocurrency, according to its senior portfolio manager....
Fund returns bounced back in November following a subdued October, with SuperRatings reporting 2.4 per cent return for the median balanced option....
Law firm Maurice Blackburn has announced it has reached a settlement with MLC over a class action alleging delays in transferring members to MySuper products....
The superannuation industry is widely supportive of the government’s update on DBFO, after it was revealed funds would have two options for charging fees for the advice p...
PEOPLE & PRODUCTS
An experienced communications specialist is joining the industry group in a newly created role. ...
The $46 billion investment corporation owned by the government of South Australia has hired an experienced investment professional to its leadership. ...
The $300 billion fund has appointed a new CRO to drive its governance capabilities. ...
The country’s largest super fund has expanded its leadership as it looks to simplify its processes for members....
The retirement of two long-serving executives has presented an opportunity to consider operations and avenues for future growth, according to the fund....
FUNDS MANAGEMENT
Economic growth was weaker than expected, once again highlighting an economy largely sustained by population growth and government spending....
In this latest edition, Anna Shelley, CIO at AMP, shares the fund’s approach to current market conditions and where it continues to uncover key opportunities....
The mega fund has announced a $2.2 billion investment in a leading data centre platform, bringing its global real assets portfolio to nearly $60 billion....
In this latest edition, Australian Retirement Trust’s head of global real assets Michael Weaver explains the fund’s approach to finding new opportunities as it surpasses ...
Fund managers remain hopeful for a Chinese revival story despite the “disappointing” stimulus package announced this week....
FINANCIAL ADVICE
Superannuation funds will have two options for charging fees for the advice provided by the new class of adviser....
APRA’s latest data has revealed that superannuation funds spent $1.3 billion on advice fees, with the vast majority sent to external financial advisers....
Cbus Super has unveiled Advice Essentials Plus, a new service offering affordable financial advice to both members and their partners....
The fund has launched a new tool to help deliver personalised financial education and digital personal advice to eligible members....
The industry body has recommended an approach that recognises unique advice needs, noting current super regulation and legislation is “overwhelmingly designed with simple...
INSTITUTIONAL INVESTMENT
Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum....
Institutional investors have entered November with their largest pre-election equity allocation in two decades, according to new data....
The sovereign wealth fund remains cautious of the impact of high inflation as it announces a strong return in its latest update....
Australia is becoming increasingly recognised as an attractive investment opportunity against global counterparts, recent analysis has found....
Pension funds in Australia and the UK are embracing recent developments that will facilitate the deployment of superannuation capital toward the energy transition in both...
INSURANCE
The insurance company has joined this year’s awards as a principal partner....
The $135 billion fund has transitioned away from TAL Life Insurance following an “extensive tender process”....
The $80 billion fund is facing legal action over allegedly signing up new members to income protection insurance by default without active member consent....
In a Senate submission, the Financial Services Council has once again called for further clarification that the government will assess the consumer outcomes of group insu...
The Federal Court has ruled in favour of QSuper regarding non-payment of a total and permanent disablement benefit to a member....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...