Sunsuper appoints Ibbotson Associates to provide investment advice
Sunsuper has appointed Ibbotson Associates Australia to provide investment advice following a review by the super fund into the asset allocation capabilities of a number of consultants.
Ibbotson, a subsidiary of the Morningstar investment management division, will provide tailored advice based on the Ibbotson dynamic asset allocation process, stated Sunsuper.
According to Sunsuper, the process is designed to dynamically adjust asset classes and weightings to recognise changes in the risks and rewards for investing over the medium term.
"An increasing number of superannuation funds and institutional investors are supplementing traditional asset allocation models with more dynamic approaches," said Ibbotson managing director and chief investment officer Daniel Needham.
"The continued development of specialist customised services is a key area of focus for us."
Sunsuper portfolio manager investment strategy Corrin Collocott said Ibbotson's process is easily customisable to integrate into Sunsuper's investment process.
"Sourcing ideas from tailored relationships without consultant and investment managers expands our 'virtual team', enhancing our ability to meet objectives that are important for our members," said Sunsuper chief investment officer David Hartley.
"This model is likely to become more prevalent as large superannuation funds become increasingly sophisticated."
Recommended for you
The super fund has launched Retirement Manager, a digital advice tool helping members plan income, spending, and retirement confidence with integrated support.
APRA has warned retail super trustees that financial adviser involvement in recommending platform products does not diminish their obligations, as regulators turned the spotlight on the Shield Master Fund and First Guardian Master Fund during a meeting with fund CEOs.
AMP’s chief economist has unveiled a wish list for the Australian government’s Economic Reform Roundtable.
Australian retirees could increase their projected annual incomes between 3 and 51 per cent by incorporating personal and household data into their retirement income strategies, according to new research.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
215.17 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
118.15 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
75.00 3 y p.a(%)
4
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
61.11 3 y p.a(%)
5
Global X Ultra Long Nasdaq 100 Complex ETF
60.93 3 y p.a(%)
