AMP Super reports strong outperformance across Lifestage options

The fund has recorded double-digit MySuper gains over the year to 31 October, outperforming market medians and highlighting global equities and private credit positioning.

AMP Super has reported MySuper returns above 14 per cent for the year to 31 October 2025, outperforming the market default median return of 11.6 per cent over the same period.

For the 12 months to 31 October, AMP’s MySuper 1970s, 1980s and 1990s Lifestage options delivered returns of 14.2 per cent, 14.3 per cent and 14.2 per cent respectively. More than 80 per cent of AMP

Super members are invested in these options, with the 1970s cohort the largest by assets under management.

All three options are also outperforming the market median over three, five and 10 years.

AMP chief investment officer Anna Shelley said the fund is “delighted to continue delivering strong investment returns, making a meaningful difference to our members’ retirement outcomes”.

She said the strong results reflected overweight positions in global shares, complemented by contributions from private debt and diversified credit.

“We tactically reduced risk as volatility rose and redeployed capital following the Liberation Day sell-off.”

Shelley added that stock selection by the fund’s quantitative international equity managers, along with dynamic asset allocation strategies, have “added further value”, while relatively low exposure to direct property enabled AMP to acquire assets at “attractive prices”.

“Our dynamic approach has allowed us to buy on market dips and trim into rallies, enhancing returns. We’ve also benefited from exposure to companies leading in AI innovation,” she said.

“Looking ahead, we see AI – not as hype – but as a powerful productivity driver across the real economy – a durable, long-term investment theme with more listed companies expected to benefit over time.

“While geopolitical uncertainty may keep volatility elevated, we remain positive on the outlook for global equities through to 2027. Our role is to be calm, disciplined stewards of our members’ savings – leaning into opportunities, managing risk carefully, and always maintaining a long-term perspective.”

AMP group executive super and investments Melinda Howes said strong performance was only part of the fund’s focus.

“Anna and the investment team continue to do a wonderful job for our members, but we see our role as more than just delivering great investment returns,” she said.

“In the past year we’ve launched a number of new features to help our members get more from their super and take greater control of their retirement. This includes Lifetime Boost, AMP Rewards and a range of new digital financial advice journeys – all at no additional cost.”

AMP’s MySuper Lifestage approach automatically adjusts asset allocations based on a member’s age, shifting from higher-growth exposures to more defensive investments as retirement nears.

The 1970s Lifestage option, which follows a high-growth strategy, remains the largest by funds under management.

The design aims to capture growth in earlier years while reducing risk later in life and continues to support positive outcomes across member cohorts.