POWERED BY MOMENTUM MEDIA
QSuper appoints Rice as investment chair
Big Queensland fund QSuper has strengthened its investment committee with the addition of Michael Rice, Ian Macoun and Michael Drew.
QSuper chief executive Rosemary Vilgan said the addition of Rice, Macoun and Drew reflected the fund's belief that significant benefits could be gained from greater investment expertise.
Rice, who is the principal of Rice Warner Actuaries, has been appointed as chair of the committee.
Macoun is currently chair of Pinnacle Investments while Drew was formerly the general manager of investment services at QSuper before becoming Professor of Finance at Griffith University.
The other members of the investment committee are QSuper trustees Steve Ryan, Bob Scheuber, John Carpendale and Natalie MacDonald.
AUTHOR
Mike Taylor
Recommended for you
First Nations Australians have faced systemic barriers accessing super, with rigid ID checks, poor service, and delays compounding inequality.
“Slow and steady” appears to be the Reserve Bank’s approach to monetary policy as the board continues to hold on to its wait-and-see method.
AFCA’s latest data has shown a decline in complaints relating to superannuation, but there is further work to be done, it has warned super funds.
Limited exposure to fossil fuel companies has positively impacted the performance of Australian Ethical’s balanced and growth funds, the super fund says.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom 465 Calder Road Calder
99.46 3 y p.a(%)
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
78.55 3 y p.a(%)
4
BetaShares Crypto Innovators ETF
50.39 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
47.50 3 y p.a(%)
