POWERED BY MOMENTUM MEDIA
Industry Super Network expands joint marketing campaign
Newly merged fund Energy Super has reaffirmed its connection to the Industry Super Network (ISN) by joining its joint marketing campaign.
According to Energy Super chairman Bob Henricks, the move is part of the fund’s plan to retain existing members, attract new members and bolster funds under management.
Energy Super was formed on 1 April this year from the merger of ESI Super and SPEC Super, which was previously involved in the joint marketing campaign.
“Energy Super and the Industry Super Network … share the same philosophies and principles, and we look forward to working together to promote the benefits of industry super funds and advocating on behalf of our members,” Henricks said.
ISN deputy chief executive Alison McIvor said she welcome Energy Super to the fold, as it would further enhance the ISN’s ability to advance the sector and interests of industry super fund members.
Energy Super is a $3.8 billion industry super fund with 45,000 members.
AUTHOR
Ashleigh McIntyre
Recommended for you
A major super fund has defended its use of private markets in a submission to ASIC, asserting that appropriate governance and information-sharing practices are present in both public and private markets.
A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets.
Earlier this month, several Australian superannuation funds fell victim to credential stuffing attacks, which saw a small number of members lose more than $500,000.
Small- to medium-sized funds have become collateral damage in an "imperfect" model for super industry levies, a financial institution has said.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
Global X GlobalX FANG+ ETF
37.15 3 y p.a(%)
3
GAM LSA Private Shares AU I
33.96 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.68 3 y p.a(%)
5
Plato Global Alpha A
28.73 3 y p.a(%)
