The average superannuation fund in Australia grew by 14.7% in the last fiscal year, the third highest on record, powered by international and domestic equity holdings.
Cherie Marriott
Political tinkering with superannuation policy is damaging confidence in the system, says Australian funds association ASFA as it launches a survey to gather industry views.
.jpg&c=1&h=194&q=100&v=20250215&w=344)
The industry welcomes government plans to sell existing assets and reduce barriers to entry that prohibit pension funds from playing a greater role in infrastructure financing.
Nikko Asset Management stablemate Tyndall AM is offering a new Australian bank loan fund to Japanese investors following a string of cross-selling initiatives.
Australia’s pension fund regulator slashes its projections for MySuper licence applications, indicating many operators may be looking to get out of the game, says industry body AIST.
Returns on US property assets are set to spike, says Asia veteran Robert Morse, who is tapping the region’s institutional investors for a second distressed real estate vehicle.
The $21 billion superannuation fund appoints Brett Chatfield to its newly created internal investments team as part of a plan to reduce its reliance on asset consultants.
As Australia’s first generation of compulsory savers gets ready to retire, the country’s superannuation funds have a surprisingly heavy allocation to stocks, finds Towers Watson.
