When super funds go to warBY ALEX DUNNIN | FRIDAY, 11 MAR 2022 1:35PM It seems Australian government political leaders, are beginning to understand how global capital markets really work. Yes, central banks and big business are important, but a ... Upgrade your subscription to access this article
Join the growing community of superannuation
professionals with unlimited access to our latest news, research and analysis of the industry.
Become a premium subscriber today. |
Latest News
Aware Super acquires $226m real estate investment
Aware Real Estate has expanded its Sydney CBD office portfolio, acquiring a 50% stake in 100 Market Street for approximately $226 million in a move that strengthens its exposure to prime commercial real estate.
Fight between SMC and FSC on super rages on
The Super Members Council (SMC) has called out the Financial Services Council (FSC) on making selective claims about performance and costs of 'platform' super funds compared with performance-tested mainstream MySuper funds.
Rest calls for better alignment in default options
Rest conducted a survey addressing concerns around the ambiguity of standardised investment options and product labels.
UniSuper backs tech despite AI caution
UniSuper has reaffirmed its conviction in the global technology sector after delivering another year of double-digit returns in its Balanced option.
Further Reading
Cover Story
Leading the way
SHARON DAVIS
NON-EXECUTIVE DIRECTOR
FUTURE GROUP AUSTRALIA HOLDINGS PTY LTD
NON-EXECUTIVE DIRECTOR
FUTURE GROUP AUSTRALIA HOLDINGS PTY LTD
Sharon Davis has always been fascinated by the human condition; it has driven her passion for people, her career, and building a better future for the next generation and beyond. Eliza Bavin writes.
Expert Feed
Execution efficiency redefines fixed income transitions
Fixed income transition costs are increasingly driven by what happens in credit markets.
The changing face of infrastructure
Without huge investment in essential infrastructure, the world will go backwards - socially, economically, and environmentally.
Debt maturity walls and private credit: Risks, lessons and investor implications
In private credit markets, concerns around a potential maturity wall have increased following the rapid rise in interest rates over recent years.
Why operational edge will define the next phase of private markets
Private markets continue to command a central role in institutional portfolios.
Thanks Alex for your usual clarity of thought and brave insights. The political u-turn, with the Government now trying to court APRA-regulated funds, is mind-boggling. The precedent is interesting: in the new YFYS performance-benchmarked world, meeting the benchmark becomes paramount. What if divesting Russian assets had created material tracking error and jeopardised performance v this test? While Russia divestment doesn't, what if the next thing the Government recruits large funds for does? How on earth will funds reconcile these conflicting, yet both potentially existential, duties?