Super

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.

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.