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Super

16 July 2024 • By Rhea Nath • 1 min read

Industry fund notches top balanced option of FY23–24

SuperRatings has shared the top 10 balanced options of the last financial year. The Hostplus Indexed Balanced option was the top-performing option ...

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Second mega fund cites defensive positioning for more modest FY23–24 return

The $115 billion fund explained its default option took a more defensive position to listed markets in the last financial year. Hostplus’ MySuper ...

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APRA imposes licence conditions on Fiducian over data accuracy issues

APRA has imposed additional licence conditions on Fiducian to address data accuracy concerns ahead of the annual superannuation performance test

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Vanguard Super reports double-digit returns in first full financial year

The relatively new $1.5 billion fund has reported its first full financial year returns. Vanguard Super has reported a return of 13.2 per cent from ...

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Monetary policy ‘not the villain’ in Australia’s inflation battle, says fund head

UniSuper’s chief investment officer has argued against a rate hike, telling InvestorDaily the RBA can “take the year off” in what he terms a “normal ...

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Submissions open for Super Fund of the Year Awards 2024

Nominations and submissions have opened for this year’s Super Fund of the Year Awards for two individual categories. The 11th annual Super Fund of ...

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UniSuper cites valuation concerns after its tech strategy paid off in FY23–24

The fund’s CIO believes that having a “nice weighting” in tech benefited them in the last financial year, but he cautions that the high valuation of ...

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Rest announces additional investment in Australian real estate

The $85 billion fund said it’s seeking to benefit from lending opportunities in the property sector. Rest has increased its investment in Metrics ...

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Exposure to India, Japan among key drivers of UniSuper’s FY23–24 result

The Japanese and Indian markets have helped boost UniSuper’s latest annual return. According to UniSuper’s chief investment officer, John Pearce, ...

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Ethical funds boost returns with fossil fuel exclusion

According to Future Super and Verve Super, sustainable investment screening provided a performance boost in the last financial year. Future Group, ...

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