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Mega fund sharpens focus on AI amid technological transformation
One of Australia’s largest funds is embracing generative artificial intelligence in its latest technological transformation, which includes the establishment of a dedicated AI engineering team.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Former APRA deputy chair joins ART board
The mega fund has announced two new appointments to its board, including the former deputy chair of the prudential regulator and a former secretary to the Australian Treasury.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Super returns climb for fourth month in a row
New data indicates a continued upward trajectory in fund returns, notching a considerable 9 per cent since November.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Bullock quashes claims of RBA’s ‘pivot to neutral’ though economists remain optimistic
The Reserve Bank of Australia has held rates in its March meeting, but for the first time in a while, economists rejoiced in a perceived “dovish” tone from the bank.
AUTHOR
Maja Garaca Djurdjevic
RBA makes second rate call of 2024
The central bank has announced its second interest rate decision since a major revamp.
AUTHOR
Maja Garaca Djurdjevic
Government consults on $3m tax calculation amendments
Treasury is calling for submissions on its draft regulations in relation to the calculation of the proposed Division 296 tax.
Mercer flags super funds’ ‘underdeveloped’ Choice menus
There is a need for Australia’s superannuation funds to simplify their investment menus, according to the firm, given over a third of funds have more than 30 options, of which one or more are “arguably subscale”.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Morningstar increases scope to superannuation ratings
The research house is set to offer research ratings of superannuation funds for the first time amid growing demand from financial advisers.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
How is ART navigating its portfolio exposures to China?
Australia’s second-largest super fund has explained its approach to the Asian giant and how it is balancing underlying risk, adding that avoiding China altogether may not be a “doable strategy”.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
10 years of MySuper, what have members gained?
Initially intended to offer a “simple, cost-effective” option for Aussies invested in default fund options, a super consultant has weighed in on what the scheme has actually done for members.
AUTHOR
Jessica Penny
