POWERED BY MOMENTUM MEDIA
State Super's new CEO
Big NSW public sector fund State Super has looked outside the superannuation mainstream with the appointment of Chris Durack as its new chief executive.
Durack, who began his new role this week, comes from an asset consulting and funds management background and has had little hands-on experience with respect to the day-to-day administration of a superannuation fund.
Durack has previously worked at Mercer and Towers Perrin as well as Perpetual and Challenger.
He succeeds long-serving chief executive Don McLean.
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(%)
