Financial advice is having a significant impact on how Australians are engaging with the more complex aspects of their superannuation, new findings have shown.
The sovereign wealth fund grew $11.5 billion in the March quarter, according to its latest portfolio update, having previously voiced caution regarding inflation’s downward trajectory.
The professional body is calling for the annual performance test to transition to a two-metric test, so it better aligns with the overarching duty of super fund trustees to act in the best financial interests of their members.
BNP Paribas has been supporting the Australian and New Zealand economies for more th
The Asia Pacific region has witnessed strong growth in private market investments. Higher interest rates, hedging against inflation and stretched valuations in equity markets are increasingly seeing asset managers shift their focus towards this alternative asset class.
The $170 billion fund has announced an internal promotion to the newly created role.
AustralianSuper, Rest, and HESTA agree on the need to retain and enhance the test, yet they differ in their perspectives on the specific areas that warrant further refinement.
Amid a challenging market environment, three super fund CIOs have warned against ‘jumping at shadows’.
Blue Owl Capital, a US asset manager with its eye on ‘marquee investors’ like super funds, has announced the appointment of a senior Future Fund executive as its newest managing director.
Australia’s second-largest super fund has confirmed it is expanding its presence in the UK following significant investment in the region.