Offshore allocation approaches half of super asset allocation

Offshore asset allocation is edging closer to half of superannuation funds’ total investment portfolios, driven by challenges in domestic markets.

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AustralianSuper emerges as Australia’s largest asset owner

AustralianSuper has usurped the Future Fund as the biggest Australian asset owner, jumping from 43rd to 36th place globally, according to an annual study by the Thinking Ahead Institute.

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IFM signs $19bn MoU with UK government

IFM Investors, the global institutional asset manager owned by superannuation funds, has signed a memorandum of understanding with the UK government to invest £10 billion by 2027.

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Fund manager welcomes AustralianSuper’s ‘corporate muscle’ on Origin

Fund manager Datt Capital believes AustralianSuper is making the right decision in voting against a bid from Brookfield to acquire Origin Energy and welcomed its strong intent.

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Super funds push back against RIC urgency

While ASIC still believes there is a “lack of urgency” with implementing the Retirement Income Covenant, super funds say they want to ensure their products are well-developed first to meet member outcomes.

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RIAA completes CEO search with trans-Tasman appointments

The Responsible Investment Association Australasia has announced the appointment of two co-chief executives, following the departure of Simon O’Connor after over a decade.

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ASFA concludes CEO hunt

The Association of Superannuation Funds of Australia has appointed its next chief executive to lead the body, following an extensive recruitment process after the departure of Martin Fahy.

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Rest invests $1bn towards renewable energy

Rest has announced a $1 billion investment in a renewable energy infrastructure manager, marking the nex

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Super funds need to ‘step up’ on advice: Jones

Minister for Financial Services, Stephen Jones, has doubled down on his plans for super funds to provide advice, saying they need to ‘step up’ when it comes to advice for members.

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FSC calls for modernisation in super development

Removing barriers for superannuation funds to transition to modern investment products would result in members retiring with cumulatively $16 billion more by 2050, according to an FSC report.

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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. ...

10 months 3 weeks ago
Kevin Gorman

Super director remuneration ...

11 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

11 months ago

The CEO of Cbus has defended the fund’s relationship with the CFMEU....

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The $89 billion fund has announced a new leadership role within its private markets team....

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