POWERED BY MOMENTUM MEDIA
Growth assets let down super funds
Struggling growth assets in the month of September lead Australian super funds into another difficult month, according to Morningstar.
The research house's latest superannuation survey found global listed property produced the best return of 2.6 per cent, followed by Australian listed property at -0.3 per cent, global equities at -2.8 per cent, and Australian shares at -2.9 per cent.
The median growth fund recorded a fall of 1.1 per cent for the month, and median results over the longer term were 5.7 per cent over the year, 10.6 per cent over three years, and 8.2 per cent over the five years to 30 September 2015.
The best performing growth super funds over the year to 30 September 2015 were MLC Growth (8.8 per cent), AMP Balanced Growth (8.3 per cent), and BT Active Balanced (7.8 per cent).
Best performing balanced (40 to 60 per cent growth assets) over the same period were BT Balanced Returns (8.2 per cent), AMP Capital Moderately Conservative (6.5 per cent), and AMP Moderate Growth (6.4 per cent).
Recommended for you
The lower outlook for inflation has set the stage for another two rate cuts over the first half of 2026, according to Westpac.
With private asset valuations emerging as a key concern for both regulators and the broader market, Apollo Global Management has called on the corporate regulator to issue clear principles on valuation practices, including guidance on the disclosures it expects from market participants.
Institutional asset owners are largely rethinking their exposure to the US, with private markets increasingly being viewed as a strategic investment allocation, new research has shown.
Australia’s corporate regulator has been told it must quickly modernise its oversight of private markets, after being caught off guard by the complexity, size, and opacity of the asset class now dominating institutional portfolios.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
53.24 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
43.15 3 y p.a(%)
4
DomaCom Shoreline North Coogee
36.26 3 y p.a(%)
5
GAM LSA Private Shares AU I
35.87 3 y p.a(%)
