Institutional investors have increased their risk exposure over June amid tempered levels of market volatility.
A new Roy Morgan report has found retail super funds had the largest increase in customer satisfaction in the last year, but its record-high rating still lags other super categories.
In a sharp rebuke to market expectations, the Reserve Bank held the cash rate steady at 3.85 per cent on Tuesday, defying near-unanimous forecasts of a cut and signalling a more cautious approach to further easing.
The corporate regulator has released its estimated industry levies for FY2024–25, with the cost for the investment management and superannuation sector expected to increase by $5.2 million.
The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call.
Brighter Super’s long-term strategy has helped the fund deliver double-digit returns in eight accumulation and pension options.
Australian investors are increasingly integrating hedge funds and liquid alternatives into their portfolios, as persistent inflation volatility and global macro-economic instability expose the limitations of the classic 60/40 split.
US President Donald Trump’s decision to delay new tariffs has only prolonged the uncertainty weighing on global sharemarkets, according to AMP chief economist Shane Oliver.
Despite geopolitical headwinds driving market volatility, Mercer Super has announced a “solid outcome” for the financial year.
Economists from the big four banks have all predicted the RBA to deliver another rate cut during its July meeting; however, some admit the decision will be a close call.