GESB tops $10 billion

21 January 2010
| By Mike |
image
image image
expand image

Michele Dolin

West Australian super fund GESB has hit the $10 billion mark in funds under management following 107 per cent growth over the past five years.

According to the fund’s chief executive, Michele Dolin, the growth was partly driven by consistent above market median voluntary contribution rates.

She claimed GESB’s fees were among the lowest 15 per cent of any Australian superannuation provider, while its default funds continued to return top quartile investment returns.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 6 months ago
Kevin Gorman

Super director remuneration ...

1 year 6 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 6 months ago

Large superannuation accounts may need to find funds outside their accounts or take the extreme step of selling non-liquid assets under the proposed $3 million super tax ...

7 hours ago

Economists have been left scrambling to recalibrate after the Reserve Bank wrong-footed markets on Tuesday, holding the cash rate steady despite widespread expectations o...

7 hours 28 minutes ago

Institutional investors have increased their risk exposure over June amid tempered levels of market volatility....

7 hours 31 minutes ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5