Super

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 $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.

A different investment environment requires a different investment model, says Colonial First State, and funds will have to become more nimble if they’re to cope.

The $85 billion industry fund has tipped more money into a real estate debt fund from Metrics Credit Partners as it looks to diversify its private markets exposures.

What matters more than big returns is making sure the right people are getting them. For members in Aware’s lifecycle default, the numbers are “phenomenal”.

A number of small super funds are up in arms about new proposed increase to APRA’s supervision levies, which would see a $7 billion fund pay the same amount as one managing $355 billion.

Despite its physical proximity, South East Asia has seen little direct investment from Australia’s super funds. Could soaring interest in the region from other big investors change that?