Industry super fund Energy Super has appointed Robeco a $650 million global equity enhanced indexing mandate.
Their indexing strategy aimed to deliver better than market returns after costs whole integrating value, momentum, quality and sustainability factors in the investment process.
The mandate was managed by Robeco’s Quantitative Equities team, which consisted of more than 40 portfolio managers and quantitative researchers.
Stephen Dennis, head of Robeco Australia, said the appointment by Energy Super followed the strategy’s strong performance track record.
“This strategy is an attractive solution for superannuation funds looking for enhanced market returns, while improving the sustainability profile of their portfolios,” Dennis said.
Insignia’s Master Trust business suffered a 1.9 per cent dip in FUA in the third quarter, amid total net outflows of $1.8 billion.
While the Liberal senator has accused super funds of locking everyday Australians out of the housing market, industry advocates say the Coalition’s policy would only push home ownership further out of reach.
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.