POWERED BY MOMENTUM MEDIA
Equipsuper joins ACSI
Equipsuper has joined the Australian Council of Superannuation Investors (ACSI), bringing its number of members to 39.
Equip chief executive, Nicholas Vamvakis, said that the membership would provide the funds with broader information and perspectives on investment sustainability.
“We are impressed that ACSI has also shown consistent leadership in active engagement with companies to advocate for sustainable governance and management practices that will benefit fund members,” he said.
ACSI chief executive, Louise Davidson, welcomed Equipsuper’s move, saying that the Council’s growth would improve its ability to achieve improvements in environmental, social and governance practices as collective action had proven to be “extremely effective” at holding companies to account.
Recommended for you
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Coalition, which has pledged to reverse any changes if it wins next year’s election.
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges.
Chant West analysis suggests super could be well placed to deliver a double-digit result by the end of the calendar year.
Specific valuation decisions made by the $88 billion fund at the beginning of the pandemic were “not adequate for the deteriorating market conditions”, according to the prudential regulator.
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
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
