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NEWS AND RESEARCH
With sticky inflation plaguing Australian and global markets, super funds have seen their first negative monthly return since October 2023.
While not having a strategic asset allocation might be ‘uncomfortable’ for some investors, the Future Fund believes its unique investment approach…
In its latest report, the corporate regulator says the deduction of advice fees has led to instances of “inappropriate erosion of members’ balances”.
There were 25 winners at the first-ever Australian Wealth Management Awards, held in Sydney last night.
Stockspot is aiming to launch the Australia-first vehicle in the coming months.
The central bank has announced its latest rate decision amid stubborn inflation and increasing geopolitical tension.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
66.99 3 y p.a(%)
2
Hills International
59.27 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
32.82 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
32.44 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.01 3 y p.a(%)
SUPERANNUATION
The central bank has announced its latest rate decision amid stubborn inflation and increasing geopolitical tension....
Aware Super has outlined its systematic approach to corporate engagement as institutional investors increasingly assert their influence on company boards and take on an a...
The country’s second-largest super fund has completed its fourth SFT this past financial year and welcomes almost 5,000 new members....
The corporate fund has announced it is seeking a suitable merger partner as the number of corporate super funds in Australia continues to dwindle....
Australia’s second-largest super fund has added thermal coal companies to its list of investment exclusions. ...
PEOPLE & PRODUCTS
Stockspot is aiming to launch the Australia-first vehicle in the coming months. ...
Natalie Kelly has been appointed permanently to the role following an extensive selection process....
Wayne Byres is the newest addition to the market operator’s leadership team as part of its ongoing board renewal initiative....
The $7 billion fund has hired a new chief executive to succeed Lachlan Baird, who departed the fund in December last year after 18 years....
The $170 billion fund has announced an internal promotion to the newly created role....
FUNDS MANAGEMENT
With sticky inflation plaguing Australian and global markets, super funds have seen their first negative monthly return since October 2023....
There were 25 winners at the first-ever Australian Wealth Management Awards, held in Sydney last night....
Over 90 finalists have been chosen to compete at the 36th annual Fund Manager of the Year Awards....
The asset manager is bolstering its investments in the global energy transition and climate opportunities....
The ethical investment manager has reported record FUM as its growth trajectory continues apace....
FINANCIAL ADVICE
In its latest report, the corporate regulator says the deduction of advice fees has led to instances of “inappropriate erosion of members’ balances”....
Financial advice is having a significant impact on how Australians are engaging with the more complex aspects of their superannuation, new findings have shown. ...
While the Financial Advice Association Australia said it supports a performance testing regime “in principle”, it holds reservations about expanding this scope to retirem...
The Joint Associations Working Group, which counts FSC in its ranks, has issued an urgent warning to the government. ...
Senator Jane Hume will join the speaker lineup at the inaugural Australian Wealth Management Summit. ...
INSTITUTIONAL INVESTMENT
While not having a strategic asset allocation might be ‘uncomfortable’ for some investors, the Future Fund believes its unique investment approach helps the fund capture ...
The sovereign wealth fund grew $11.5 billion in the March quarter, according to its latest portfolio update, having previously voiced caution about inflation’s downward t...
The property group, owned by industry super fund Aware Super, has announced two new projects with a total construction value of $320 million that will add more than 700 h...
While institutional investors, including super funds, unanimously acknowledge the energy transition as a significant challenge, their perspectives on the extent of their ...
Despite a period of increased volatility, several considerations suggest that the bull market will remain intact and the trend in shares will remain up, an economist has ...
INSURANCE
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....
Accusing Labor of ‘drip-feeding’ the idea to suit them politically, the Greens has announced its support for planned changes to super tax concessions will be contingent ...
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 ...