The chairman of QIC, Trevor Rowe, will step down from his position at the end of his current term in September.
"I leave QIC as chairman secure in the knowledge that the QIC board and management are well placed to meet the difficult environment that the aftermath of the global financial crisis has thrown up," he said.
Rowe said he had worked with the chief executive, Doug McTaggart, and management overseeing meticulous planning to ensure QIC remained at the head of growth and innovation.
Rowe has served for eight years as chairman of the board.
Rest Super remains “fully committed” to equities, even as it anticipates higher market volatility than experienced in previous decades.
Australian superannuation funds have again generated strong returns for FY25, with the median growth fund returning 10.5 per cent for the year, according to Chant West.
The US remains a standout destination for innovation and commercialisation, according to MLC Asset Management chief investment officer Dan Farmer.
Hostplus’ MySuper Balanced option delivered significantly stronger returns in 2024–25, bouncing back from the previous year when its cautious stance on listed markets came at a cost to members.