Super

‘Once-in-a-decade’ events are becoming more and more common, but avoiding them altogether is just one way of protecting portfolios. ART is building new capabilities to absorb their impact – and come back from them even stronger.

With almost 50 per cent of its nearly $100 billion FUM now internally managed, Cbus has seen fees come down and gained more control over its ever-growing portfolio. But in hindsight it “could have pushed a bit harder”.

Donald Trump’s possible return to the White House would undoubtedly set back sustainability efforts, but the bigger problem is that his view of geopolitics is “one that anybody who runs capital wouldn’t want him to have”, according to Anthony Scaramucci.

With its investment in euNetworks, Aware Super gets access to a long haul fibre network spanning 50,000 kilometres and 17 countries – as well as evidence that its international push is paying off.

Canada’s own efforts to get its pension funds involved in nation-building have been more heavily resisted than in Australia, but a new paper has learnings for both countries.

Super funds have fallen behind banks on nature-related physical and transition risk, with a regulatory muddle, lack of internal resourcing and data concerns holding them back even as damage to ecosystems threatens “cascading losses”.

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.