News

Superannuation funds are rapidly offshoring their assets as FUM grows faster than GDP, according to new data from NAB and ASFA. Coming early to the barbell strategy party has also paid off.

While diversifying strategies commanded the field through 2022, investors feel they’ve missed the boat on the returns to be had. Instead, they’re window shopping for more private equity.

Ex-Cooper Investors portfolio manager Qiao Ma has landed at Munro Partners, where she will help support its three global funds with research and stock ideas.

Strategic alignment on growth and data capabilities made State Street a good fit for Australian Retirement Trust’s custody needs. Hard-earned experience with mergers helped too.

Rest has brought on former Colonial First State executive director for investments Scott Tully and Spirit Super’s Paul Docherty to get a “fresh set of eyes” on its investment options.

Vanguard Australia head of superannuation Michael Lovett will leave the firm following the launch of its super product.

Cooper Investors has shuttered the retail and wholesale classes of its Asian Equities Fund following the resignation of portfolio manager Qiao Ma.

The passive investment mega-wave has likely crested with active strategies poised for a long-overdue comeback over the next decade, according to a new Man Institute study.

While APRA “doesn’t feel the need to start each year with a shiny new set of initiatives”, it’s still planning on scrutinising super funds’ valuation practices and giving more “sub-scale” funds the nudge to merge in 2023.

The Australian Institute of Superannuation Trustees (AIST) is exploring a merger with Industry Super Australia as external pressure grows on industry associations and the funds they service.

A partnership with the Australian Institute of Superannuation Trustees (AIST) gives HSBC an opportunity to shop its services to the country’s biggest investors.

Veteran investor, Jeremy Grantham, has nominated a falling global property market as lead contender to drive the next deflationary phase of the multi-asset ‘super bubble’.