POWERED BY MOMENTUM MEDIA
Aware Super and VISSF in merger talks
Aware Super and The Victorian Independent Schools Superannuation Fund (VISSF) have entered into merger talks.
The two funds have signed a non-binding Memorandum of Understanding to explore the benefits of a merger.
VISSF has a more than 60-year history as the default fund for teachers at independent schools across Victoria.
Aware Super has nearly 200,000 members working in the education industry and the fund believes the potential merger will help it build scale in the sector.
Aware Super said it hoped to complete the due diligence process in the coming weeks.
Recommended for you
Australia’s second largest super fund has added thermal coal companies to its list of investment exclusions.
The fund has expanded its corporate superannuation solutions to partner with Australian businesses of all sizes.
The chief executive of Aware Super anticipates a significant shift in how ESG factors will influence portfolio values in the next six years, surpassing the changes witnessed in the past two decades.
In a recent statement, shadow assistant minister for home ownership and Liberal senator for NSW, Andrew Bragg, accused ‘big super’ of fabricating data attributed to the Reserve Bank of Australia to push their agenda.
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
62.62 3 y p.a(%)
3
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.95 3 y p.a(%)
4
Acadian Global Equity Long Short Class A
32.82 3 y p.a(%)
5
CFS FC Acadian Global Equity Long Short
32.44 3 y p.a(%)
Add new comment