News

Impact is one way to diversify away from the big tech stocks that rule the index without missing out on the transformative themes that put them there in the first place, according to T.Rowe Price.

The desire to open up its membership base was one of the drivers behind CSC’s attempt to merge with AvSuper, but the change in government and a new legislative agenda tripped it up.

The “true merger of equals” will create a new $52 billion fund but retain the branding of Care Super to take advantage of its strong recognition in the market.

Superannuation funds and other financial services providers are trying to combat greenwashing in their own communications amidst changing regulatory expectations. Equity Trustees wants to help them out.

The executive responsible for driving ART’s post-merger growth has taken the top superannuation job at Insignia Financial as it looks to overhaul its business for “profitable growth”.

The industry funds’ unlisted property manager has slashed the valuations of its core property fund as well as a single asset office trust amidst a slow-moving commercial property downturn.

The megafund has reshuffled its executive team and seen several key departures as it hits $300 billion in funds under management and embarks on a restructure of its operational model.

The $13 billion industry fund has seen a significant turnaround in member outcomes since it rethought its “technically outstanding” but conservative investment strategy and has topped Chant West’s growth ranking for a second year running.

One of Australia’s last corporate superannuation funds will merge with Australian Retirement Trust following years of pandemic disruption and regulatory change that stymied efforts to grow its member base.

The global head of real assets at Australian’s biggest super fund has jumped to Dexus to help it achieve its ambitions of becoming a chunky infrastructure and alternatives player.

The $27 billion TelstraSuper’s move to back Quinbrook’s Net Zero Power Fund is the latest in a series of climate-related investments that it feels are well-suited for smaller and more agile funds.

J.P. Morgan has leveraged its dedicated transition team and merger experience to win custody of the circa $30 billion Spirit Super ahead of the fund’s tie-up with Care Super.