It was non-traditional diversification that saved the top performing super funds in the “torrid” year of 2022, with Chant West’s top 10 funds mostly pursuing larger allocations to infrastructure and private equity.
Macquarie Asset Management, PGGM Infrastructure Fund and Australian Retirement Trust (ART) have tipped US$600 million into Macquarie AirFinance’s US$2.2 billion acquisition of an aircraft portfolio from ALAFC0.
The rush to decarbonize the economy and the ASX risks leaving workers and communities behind, and investors exposed to “significant losses” and greater social support costs.
Link Fund Solutions CEO Paul Khoury has been shown the door following a restructure of the business.
Rising demand for global small- and mid-caps has seen Bell Asset Management awarded a $500 million mandate from Hostplus.
While Australia’s superannuation system is the envy of most of the world, it still needs to move from helping people accumulate money to helping them spend it.
With rising rates expected to enhance yield in an asset class characterized by floating rate loans, international private markets manager Northleaf will launch a new open-ended private credit fund Down Under.
As other infrastructure investors have grown in size, they’ve begun to overlook the midmarket, leaving a hole in the portfolios of asset allocators.
ASFA wants the YFYS performance test benchmarks tweaked to account for the exclusions and negative screens that faith- and values-based funds use.
There’s not much growth ahead of the large-caps that have dominated indices for the last decade, and long-suffering small- and mid-caps (SMIDs) present an obvious answer for returns.
