A new report suggests that while economic and geopolitical uncertainties are weighing on overall M&A activity, instos are still seeking opportunities.
Industry funds remain at the forefront of the unlisted asset class, with their strong investment appetite for unlisted infrastructure, property, and private credit showing no signs of diminishing, a new report has shown.
The proposal to allow first home buyers to access their super could significantly harm super funds’ investment strategies and retirement outcomes, particularly for smaller funds, according to professionals.
The trading platform has announced its acquisition of Australian investing app Spaceship as it seeks to include superannuation offerings in its portfolio.
The super fund has appointed a new general manager to enhance its compliance framework and practices.
The fund has announced a new director to succeed Sally Evans, who departed the fund earlier this year.
While industry funds maintain their lead in Australia’s superannuation market, retail funds have been showing signs of recovery.
A professional has warned that the growing influence of superannuation funds on Australia’s economy could present increasing risks, after the RBA outlined a similar sentiment in its latest Financial Stability Review.
The newly created role has been described as a “significant step forward” in the fund’s evolution as a major global investor.
Australian Retirement Trust, State Super, and Macquarie Asset Management have announced the sale of their interests in the regional airport operator.