The fund has credited the performance of US technology stocks, including Nvidia, for its latest annual result.
The $85 billion fund said it’s seeking to benefit from lending opportunities in the property sector.
While funds acknowledge that there are asset-specific opportunities domestically, they concede that the narrowing prospects on the ASX have driven them to seek and deploy capital in other lucrative markets.
The Japanese and Indian markets have helped boost UniSuper’s annual return for the financial year 2023–24.
AMP has announced the newly created head of retirement solutions position in its platforms business.
With expectations rising for a robust IPO market as 2025 approaches, sectors like industrials, mining, and consumer discretionary are poised to lead the charge.
In the role, his responsibilities will include leading Morningstar’s strategy to provide superannuation fund ratings for the first time.
A sustainable finance specialist is poised to add credence to the fund’s ethical investment approach.
According to Future Super and Verve Super, sustainable investment screening provided a performance boost in the last financial year.
The fund has unveiled double-digit returns for the year ended June 2024.