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Superannuation
04 July 2025 by Maja Garaca Djurdjevic

From reflection to resilience: How AMP Super transformed its investment strategy

AMP’s strong 2024–25 returns were anything but a fluke – they were the product of a carefully recalibrated investment strategy that began several ...
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Regulator investigating role of super trustees in Shield and First Guardian failures

ASIC is “considering what options” it has to hold super trustees to account for including the failed schemes on their ...

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Magellan approaches $40bn, but performance fees decline

Magellan has closed out the financial year with funds under management of $39.6 billion. Over the last 12 months, ...

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RBA poised for another rate cut in July, but decision remains on a knife’s edge

Economists from the big four banks have all predicted the RBA to deliver another rate cut during its July meeting, ...

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Retail super funds deliver double-digit returns despite market turbulence

Retail superannuation funds Vanguard Super and Colonial First State have posted robust double-digit returns for ...

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Markets climb ‘wall of worry’ to fuel strong super returns, but can the rally last?

Australian super funds notched a third consecutive year of strong returns, with the median balanced option delivering an ...

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Future Fund hiring spree continues

  •  
By Charlie Corbett
  •  
4 minute read

The Future Fund has rounded off its hiring spree for 2007 by appointing a fixed income chief.

The Future Fund has appointed Mitchell Stack from Western Asset Management as investment director for fixed income and alternatives.

Stack is one of a raft of high profile hires for the fund this year.

In June it hired David Neal from Watson Wyatt as chief investment officer. His appointment was followed by a flurry of signings.

Campbell McCulloch from Vanguard and Ilana Wald from BNP Paribas joined its investment operations team in August and last month it appointed private equity specialist Steve Byrom.

 
 

His appointment came after the fund had hired Gary Gabriel in October from Unisuper to head up its private markets division.

Mitchell will be responsible for researching and managing a portfolio of managers and products across the spectrum of fixed interest and non-equity alternatives.

Before Western Asset Management Stack had spells at ANZ, JP Morgan and Bankers Trust in Melbourne.

Neal said Stack would bring a powerful combination of proven analytical skills, extensive credit and fixed interest knowledge and experience to the fund.

Stack will start in late January.