POWERED BY MOMENTUM MEDIA
Global equity markets boost super options
Strong currency and global equity market returns have driven super funds with AustralianSuper's balanced investment option returning 10.86 per cent over the past year.
The option in which over 80 per cent of the super fund's members invest in had its third year of double-digit returns. Over ten years the option has returned an average of 7.3 per cent each year.
Deputy chief executive and chief investment officer, Mark Delaney, said the returns were driven by reasonable returns from US, European, and Japanese equity markets boosted by the strength of foreign currencies against the Australian dollar.
This was coupled with strong returns from property and infrastructure, and modest returns on fixed income and cash.
"This strong result shows the benefits of AustralianSuper's increased focus on active and internal management of assets," Delaney said.
The balanced option holds almost $64 million of the members' retirement savings.
Recommended for you
Australia’s largest superannuation fund has confirmed all members who had funds stolen during the recent cyber fraud crime have been reimbursed.
As institutional investors grapple with shifting sentiment towards US equities and fresh uncertainty surrounding tariffs, Australia’s Aware Super is sticking to a disciplined, diversified playbook.
Market volatility continued to weigh on fund returns last month, with persistent uncertainty making it difficult to pinpoint how returns will fare in April.
The Association of Superannuation Funds of Australia (ASFA) has called for the incoming government to prioritise “certainty and stability” when it comes to super policy.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
90.28 3 y p.a(%)
2
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.44 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.12 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
