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Challenger sees $5.9bn quarterly FUM loss
Negative market movements, coupled with net outflows, have prompted a near $6 billion decline for Challenger’s funds management business in Q3.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Super Review. Prior to joining SR, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
Submissions now open for the Australian Wealth Management Awards 2025
Momentum Media’s wealth publishing network – comprising InvestorDaily, ifa, SMSF Adviser, Money Management, and Super Review – is proud to launch the annual Australian Wealth Management Awards.
Bragg dubs big super ‘Australia’s biggest hypocrites’
While the Liberal senator has accused super funds of locking everyday Australians out of the housing market, industry advocates say the Coalition’s policy would only push home ownership further out of reach.
AUTHOR
Jessica Penny
‘AustralianSuper was not hacked’: Fund responds to cyber incident
Australia’s largest superannuation fund has confirmed all members who had funds stolen during the recent cyber fraud crime have been reimbursed.
AUTHOR
Maja Garaca Djurdjevic
‘No shortage of opportunities’ amid volatility, says fund
As institutional investors grapple with shifting sentiment towards US equities and fresh uncertainty surrounding tariffs, Australia’s Aware Super is sticking to a disciplined, diversified playbook.
AUTHOR
Maja Garaca Djurdjevic
Fund returns continue their retreat in March
Market volatility continued to weigh on fund returns last month, with persistent uncertainty making it difficult to pinpoint how returns will fare in April.
AUTHOR
Jessica Penny
Peak body lays out policy priorities ahead of election
The Association of Superannuation Funds of Australia (ASFA) has called for the incoming government to prioritise “certainty and stability” when it comes to super policy.
AUTHOR
Jessica Penny
AMP narrows super outflows as member retention strategy gains momentum
AMP has delivered a stronger first quarter in FY25, underpinned by continued positive net inflows into its flagship North platform and improving outflows in its superannuation business.
Funds diverge on caution and conviction
As market volatility persists, some super funds are pivoting defensively, while others are strategically positioning to capitalise on emerging opportunities.
AUTHOR
Jessica Penny
Brighter Super sells advice book
Advice licensee Centrepoint Alliance has entered an agreement to acquire the comprehensive financial advice book of the super fund’s subsidiary firm.
AUTHOR
Keith Ford
