SunSuper

After announcing his departure from the role, Australian Retirement Trust chief Bernard Reilly tells ISN why the fund “hasn’t missed a beat” since the merger that created it and how the arrival of the megafunds heralds a new era of “co-opetition” in the super industry.

If you’re not gaining market share in a rapidly consolidating industry, you’re losing it. One of ART’s smallest proposed mergers offers big opportunities for national growth.

Big super funds are getting even bigger. But as consolidation continues – and stapling kicks in – they’ve got a new problem that can’t easily be overcome: they’re more alike than different.

As the super funds race towards massive size, the sector is still grappling with the positives and negatives for investments and culture.

As merger activity continues apace, State Street – armed with its “unique” front-to-back solution – intends to take a dominant position as custodian of choice for the biggest end of town. The super industry and its custodians are now exiting a period of relative stability. The number of funds has more than halved in the…

This is the last edition of Investor Strategy News for the year. We will next publish on January 10, 2022. Here are some thoughts on the year past, based on reader reactions to our stories. Our most popular for the year was our coverage of the Australian Catholic Superannuation and Retirement Fund’s APRA performance test…

Fund managers are subject to behavioural biases like all of us, such as over-confidence, short-termism and memory distortions. Take their predictive abilities. They are not, on average, especially good. In a unique report for clients, Frontier has published what amounts to a longitudinal study based on eight years of conversations, surveys and other communications with…

The first thing funds usually consider in a merger is cost to member – but that won’t necessarily be what leaves them better off. The trick is getting the alignment right. According to David Carruthers, senior consultant and head of the members solutions group at Frontier, the top priority for any fund considering a merger…

Kim Ivey and friends Alastair Sloan and David Gray, all experienced industry professionals  in the alternatives space, have co-founded a Global Macro strategy through a boutique investment company, Albany Capital. The firm starts with offices in Sydney and London and a mandate to manage $US50 million from a New York investor. It is in the…

Chant West, scheduled to hold its annual awards dinner this Wednesday evening, May 26, has announced the 10 finalists in the last two categories decided upon – Best Fund: Innovation and Best Fund: Integrity. Two funds are in both categories. The finalists are: Best Fund: Innovation – Aware Super, QSuper and its proposed merger partner…