News

ASIC has launched civil proceedings against Australia’s biggest super fund over allegations it failed to consolidate the accounts of 90,000 members and continued to charge them fees.

Australia’s onshore private credit market is still nascent but that’s one of its biggest strengths, according to Epsilon Direct Lending. And while some investors are fretting a new default cycle, it’s not the end of the world.

As the Australian Institute of Superannuation Trustees disappears, a piece of super history – one that led to the creation of many of the institutions the industry relies on today – is likely going along with it.

The Alternative Future Foundation wants to expand beyond its tentpole charity event and create a better-informed knowledge base about alternative managers amidst changing industry dynamics.

Size, internalisation and globalisation are now front of mind for every large fund in Australia – but every fund approaches them differently, and there’s little agreement on the benefits of the new offshore push.

Australia’s biggest super fund has sharpened its focus on offshore markets with the appointment of a new head of international and private equity operating out of its London office.

Everybody’s anticipating a sweeping technological revolution, but they haven’t stopped to think about whether they’ll actually profit from it. More likely than not they’re holding onto horses when everybody’s making cars.

The creation of a new investment data platform underpins Aware’s march to managing half of its projected $250 billion FUM internally. State Street is providing the glue that holds it all together.

The megafund is expanding its sustainable investment team as it adopts a new climate change strategy and fields increased interest in its approach from new corners.

Brandywine Global is conservatively positioned as it eyes volatile conditions and surging demand for fixed income solutions following a massive macro-economic reversal.

Australia’s second-largest super fund just got a little bit larger with a big win from the corporate fund strategy one of its predecessor funds embarked on almost six years ago.

The supposed benchmark-beating powers of ESG have more to do with investors’ exposure to well-known factors rather than any sustainable secret sauce, according to quant house Scientific Beta.