‘Narrow’ ASX universe spurs funds to mull overseas opportunities

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.

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Exposures to Japan, India boost UniSuper’s FY24 result

The Japanese and Indian markets have helped boost UniSuper’s annual return for the financial year 2023–24.

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Aware Super exec to lead retirement solutions at AMP

AMP has announced the newly created head of retirement solutions position in its platforms business.

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IPO market poised for a resurgence in 2025: ASX

With expectations rising for a robust IPO market as 2025 approaches, sectors like industrials, mining, and consumer discretionary are poised to lead the charge.

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Former Lonsec CEO joins Morningstar

In the role, his responsibilities will include leading Morningstar’s strategy to provide superannuation fund ratings for the first time.

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Australian Ethical Super appoints responsible investing veteran to board

A sustainable finance specialist is poised to add credence to the fund’s ethical investment approach.

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Screening out fossil fuels strengthened FY24 returns, say ethical funds

According to Future Super and Verve Super, sustainable investment screening provided a performance boost in the last financial year.

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CFS credits equity allocations as ‘core drivers’ of FY23–24 returns

The fund has unveiled double-digit returns for the year ended June 2024.

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Industry responds to DBFO passage following controversy over s99FA

The first Delivering Better Financial Outcomes bill passed the Senate on Thursday afternoon before sailing through the House of Representatives a few hours later as a matter of formality.

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Uncertainty surrounds future of $3m super tax

The word on the street is that the government is rethinking its approach to the $3 million super tax after the bill was sidelined in the House of Representatives.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

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