POWERED BY MOMENTUM MEDIA
Metlife extends mandate
Metlife has continued its focus on the group superannuation arena, picking up the mandate to provide cover to GuildSuper.
The insurer announced today that the mandate represented an extension of its long-term relationship with Child Care Super.
It said GuildSuper and Child Care Super formed the Guild Retirement Fund and that Metlife had been insuring Child Care Super members since 1998.
Guild Super managing director, Mario Pirone said he believed the extension of the partnership with Metlife would benefit GuildSuper members.
Metlife chief executive officer in Australia, Marc Lieberman said the mandate reflected the company's commitment to bringing long-term value.
Recommended for you
Governor Michele Bullock took a more hawkish stance on Tuesday, raising concerns over Donald Trump’s escalating tariffs, which sent economists in different directions with their predictions.
Equity Trustees has announced the appointment of Jocelyn Furlan to the Superannuation Limited (ETSL) and HTFS Nominees Pty Ltd (HTFS) boards, which have oversight of one of the companies’ fastest growing trustee services.
Following growing criticism of the superannuation industry’s influence on capital markets and its increasing exposure to private assets, as well as regulators’ concerns about potential risks to financial stability, ASFA has released new research pushing back on these narratives.
A US-based infrastructure specialist has welcomed the $93 billion fund as a cornerstone investor.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X GlobalX FANG+ ETF
33.51 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.62 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
