First Super

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.

First Super inhabits a world of giants, but it’s not considering a merger and it’s not sweating its size. That doesn’t mean it’s not “chronically anxious” about performance and costs.

Some of super’s best performers this year are also its smallest, and new research from Frontier finds that asset allocation is more influential than size and scale when it comes to generating alpha.