The relatively new $1.5 billion fund has reported its first full financial year returns.
An experienced leader in financial and economic policy will assume the role of director with Funds SA.
Submissions and nominations have opened for the inaugural Momentum Media Australian AI Awards 2024, which champions the wealth management industry for contributing to the dynamic field of artificial intelligence.
According to economists, interest rates are unlikely to rise again despite stronger-than-expected inflation data that has made Australia an outlier among the G10.
It has announced returns of more than 16 per cent across its growth and global index options.
The corporate fund says that recent changes to its Lifecycle MySuper arrangement have paid off.
UniSuper’s chief investment officer has argued against a rate hike, telling Super Review the RBA can “take the year off” in what he terms a “normal for longer” environment.
The fund has credited the performance of US technology stocks, including Nvidia, for its latest annual result.
The $85 billion fund said it’s seeking to benefit from lending opportunities in the property sector.
While funds acknowledge that there are asset-specific opportunities domestically, they concede that the narrowing prospects on the ASX have driven them to seek and deploy capital in other lucrative markets.