ASFA defends super’s private market exposure amid ASIC scrutiny
Delahunty has issued a fairly stern response to ASIC, defending super’s investments in private markets and urging the regulator to work with APRA to eliminate “duplicative regulatory requests”.
Cbus names deputy CIO, sets sights on continued internalisation
The $100 billion fund has appointed a new deputy CIO from within.
AUTHOR
Jessica Penny
ASIC gives super funds green light for offshore investment amid growing engagement
Building on its extensive report highlighting superannuation funds as key investors in private markets both locally and offshore, ASIC chair Joe Longo said ASIC has no objections to funds investing overseas.
AUTHOR
Jessica Penny
Super to embed private markets into structure of Australia's economy, says regulator
As super funds and private equity firms ramp up take-private deals, shrinking the ASX, the corporate watchdog is on high alert, especially with global consensus suggesting that the next financial crisis could stem from private markets.
Australian super funds eye trillions in global investments
Australian super funds are expected to invest trillions of dollars in international markets by 2035, with the US emerging as the top destination for these funds, according to a new report commissioned by IFM Investors.
Australia’s private credit market poised for further growth
The local private credit market, which has flourished in a higher-for-longer rate environment, is poised to continue its growth as interest rates ease, experts predict.
UniSuper adds 3 to board
The $149 billion fund has named new directors following the departure of three outgoing board members.
AUTHOR
Jessica Penny
Has the US exceptionalism conviction peaked?
New data indicates that investor conviction in US exceptionalism has peaked, according to Bank of America.
AUTHOR
Jessica Penny
Industry divided on secret retirement income principles
Generation Life has backed new voluntary best practice principles aimed at improving retirement income solutions for Australians, despite opposition from parts of the financial services sector.
Aussie retirement savings poised to become second-largest globally: SMC
Australia’s pension assets pool is set to surpass other key economies, new research from the Super Members Council (SMC) has shown.
AUTHOR
Jessica Penny
