News

Super funds are double-checking their marketing materials and coming to grips with an evolving regulatory regime as greenwashing risk looms large.

The global energy system is changing at a rapid pace but it’s too early to pick winners, according to Calvert. And despite a tough 2022, true ESG will prevail.

Competition in super is heating up but it’s not yet come to the boil. Mergers, member retention and retirement are all shaping up as key battlegrounds for funds.

Long-time NZ Superannuation Fund (NZS) chief Matt Whineray will step down in a planned pre-Christmas exit after more than a decade at the organisation.

The government will continue to tweak the Your Future Your, Super benchmarks to provide certainty on sustainable investing and give ASIC more funding to combat greenwashing as global climate action heats up.

Citi Securities Services has won the custody mandate for Mason Stevens as it looks to expand its platform offerings and its previous custodian, NAB Asset Servicing, winds down its operations.

The Future Fund is thinking of restarting its active equity programs with investments in small caps, according to CEO Raphael Arndt, but commentators are split on whether it will find the returns it needs.

Members back the idea of industry funds and the government working together on nation-building projects – if the returns stack up. Convincing them that they actually do will be key.

Super funds’ relatively low allocations to fixed income will rise with yields and as members move further into the retirement phase, according to a new report from the government’s debt agency.

The biggest NZ funds management administration gig could be up for grabs with the $33 billion ANZ Investments understood to be exploring outsourcing options.

UniSuper’s mandate to Revolution Asset Management shows how important private debt is becoming to super funds as their member base matures. It also has its roots in the merger with Australian Catholic Super.

There will likely be more changes to the controversial Your Future Your Super regulations following the “initial response”. Meanwhile, the government is pressing on with super fund involvement in nation-building projects.