POWERED BY MOMENTUM MEDIA
Noonan appointed ACSI president
The Australian Council of Super Investors (ACSI) has appointed Gerard Noonan as president, after serving for the past year as deputy president.
Noonan is also currently the chair of Media Super and president of the Australian Institute of Superannuation Trustees, and chairs Innovation Australia’s Venture Capital Committee.
Noonan’s place as deputy president will be taken by committee member Trish Donahue, who is also the executive manager of investments for Cbus, and was previously an actuarial analyst at Mercer.
Recommended for you
The super fund announced that Gregory has been appointed to its executive leadership team, taking on the fresh role of chief advice officer.
The deputy governor has warned that, as super funds’ overseas assets grow and liquidity risks rise, they will need to expand their FX hedge books to manage currency exposure effectively.
Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds.
The super fund has announced that Mark Rider will step down from his position of chief investment officer (CIO) after deciding to “semi-retire” from full-time work.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
76.97 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
76.46 3 y p.a(%)
3
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
51.13 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
45.15 3 y p.a(%)
5
Select Baker steel Gold Institutional
43.78 3 y p.a(%)
