The entity which emerges from the merger of the Australian Retirement Fund (ARF) and the Superannuation Trust of Australia (STA) on July 1 will boast around $18 billion in funds under management.
That is the bottom line of data released by ARF this week with chief executive, Ian Silk saying that in just 12 months the fund’s assets under management had soared from $7.5 billion to $10 billion due largely to a combination of strong investment performance, membership growth and corporate fund acquisition.
Silk said that there would be more substantial growth ahead when Anglican Superannuation Australia merged its $150 million in assets under management into ARF on June 30, the same day Finsuper transferred into the STA.
He said that in the last quarter ARF’s employer numbers had grown by more than 8 per cent.
Private market assets in super have surged, while private debt recorded the fastest growth among all investment types.
The equities investor has launched a new long-short fund seeded by UniSuper, targeting alpha from ASX 300 equities using AI insights.
The fund has strengthened efforts to boost gender diversity, targeting 40:40:20 balance across its investment teams by 2030.
The lower outlook for inflation has set the stage for another two rate cuts over the first half of 2026, according to Westpac.