POWERED BY MOMENTUM MEDIA
COVID-19 impacting industry jobs
As COVID-19 continues to impact working conditions, many asset owners and managers have slowed or put a hold on hiring until the situation becomes clearer, according to Super Recruiters.
Sally Humphris, executive director at Super Recruiters, said restrictions on face-to-face meetings at most organisations were obviously slowing recruitment.
“While industry leaders started the year optimistically [with] employment and hiring, the situation has certainly changed in the past few weeks,” Humphris said.
“Though some key roles are certainly progressing and we are still placing CEOs [chief executive officers], as well as planners and operations candidates.”
Recommended for you
Super funds had a “tremendous month” in November, according to new data.
Australia faces a decade of deficits, with the sum of deficits over the next four years expected to overshoot forecasts by $21.8 billion.
APRA has raised an alarm about gaps in how superannuation trustees are managing the risks associated with unlisted assets, after releasing the findings of its latest review.
Compared to how funds were allocated to March this year, industry super funds have slightly decreased their allocation to infrastructure in the six months to September – dropping from 11 per cent to 10.6 per cent, according to the latest APRA data.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.73 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
30.15 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.71 3 y p.a(%)
