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Super

11 July 2024 • By Rhea Nath • 1 min read

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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Is Labor reconsidering the $3m super tax?

The word on the street is that the government is rethinking its approach to the $3 million super tax after the bill was sidelined in the House of ...

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‘Narrow’ ASX universe spurs funds to mull overseas opportunities

While funds acknowledge that there are asset-specific opportunities domestically, they concede that the narrowing prospects on the ASX have driven ...

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Retail funds cite equity allocations as ‘core drivers’ of FY23–24 returns

AMP and CFS have highlighted how domestic and global equities have contributed to strong results in the last financial year. Exposure to the share ...

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Cbus announces high single-digit FY23–24 results

It noted funds with a more diversified approach like itself saw a more staggered performance compared to those with concentrated exposures to shares ...

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