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Instos see record rotation out of US equities amid ‘bull crash’: BofA
Investors have slashed their US equity allocations to the lowest level on record, according to new data from Bank of America.
AUTHOR
Jessica Penny
Tariff fears drive small reversal in super returns in February
Following a strong January, volatility has crept back into sharemarkets on the back of weaker US economic data and policy uncertainty, according to Chant West.
AUTHOR
Jessica Penny
Rest in-house global equities team takes first step with $300m mandate
The $93 billion fund’s internal global equities team has made its first move on behalf of members, with plans to expand its allocation and expertise over time.
AUTHOR
Jessica Penny
APRA chair rebuffs claims of unfair scrutiny on super funds
APRA chair John Lonsdale has rejected suggestions that the regulator is unfairly targeting superannuation funds, insisting its governance crackdown is part of a broader push across the financial sector.
AUTHOR
Maja Garaca Djurdjevic
Super funds embrace hybrid management, keeping external managers in the mix
External managers remain essential as funds embrace hybrid management models, with only a few choosing to manage the majority of assets in-house.
AUTHOR
Maja Garaca Djurdjevic
Active Super hit with $10.5m fine for misleading ESG claims
The Federal Court has fined Active Super $10.5 million for greenwashing misconduct, reinforcing the need for transparency in sustainable investment claims.
Grattan pushes for super tax crackdown to save $10bn annually
The government must prioritise tightening superannuation tax breaks and lowering the Division 296 tax threshold to $2 million, the Grattan Institute has urged, warning that current settings are unsustainable.
Government reveals draft legislation for payday super
Draft legislation that will require super to be paid at the same time as wages has been released for consultation.
Deloitte cautions of budget blowout ahead of election
With just over a week until the government unveils its pre-election budget, Deloitte Access Economics has projected an underlying cash deficit of $26.1 billion for 2024–25.
AUTHOR
Maja Garaca Djurdjevic
Industry looks towards long-term as super returns slide on Trump-driven volatility
The median growth super option has fallen around 3 per cent since late January amid market volatility resulting from Donald Trump’s unpredictable policy moves, but the industry remains confident in long-term performance.
AUTHOR
Jessica Penny
