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Superannuation
11 July 2025 by Maja Garaca Djurdjevic

Beyond Silicon Valley: How super funds thrived on diversification in 2025

Superannuation funds have posted another year of strong returns, but this time the gains weren’t powered solely by Silicon Valley. In contrast to ...
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Netwealth edges in on rival HUB24 with record FUA net flows

The wealth management platform remains a strong performer in the platform space, generating a record $15.8 billion in ...

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South Korean exposure pays off as ASX-listed ETF jumps 32%

The iShares MSCI South Korea ETF (IKO) gained 32.1 per cent in the first six months of the year, marking South Korea’s ...

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Instos anticipate crypto to feature in traditional portfolios by 2030

Three-quarters of institutional investors believe cryptocurrencies will form part of traditional portfolio allocations ...

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US tipped to be ‘the big loser’ of Trump’s expanding trade war: AMP

The rollout of further tariffs in the US from August is expected to decrease economic growth in the US in the ...

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Government cements RBA overhaul with new rules

The government has cemented its overhaul of the RBA’s governance with the release of an updated Statement on the Conduct ...

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AMIST awards credit mandate to Colonial

  •  
By Christine St Anne
  •  
2 minute read

AMIST Super has awarded Colonial First State a credit mandate, terminating an existing arrangement with Barclays Global Investors.

The Australian Meat Industry Superannuation Trust (AMIST Super) has appointed Colonial First State to manage a $12 million credit mandate.

The industry superannuation fund will invest in Colonial First State's Global Income Credit Fund.

"The focus of the fund is to take advantage of the current credit spreads, while swapping out of the underlying risk-free bond duration risk, reducing price movements if bond yields move," AMIST Super chief executive John Livanas said.

The mandate will sit in the fund's alternatives portfolio.

"We see the fund as having somewhat different characteristics of a fixed income product. As such it was more appropriate to place this in the alternative asset class portion of our portfolio," Livanas said. 

He said an extensive due diligence process was undertaken with each of the trustee directors before investing in the fund.

"Each director was appraised of the specific product features, risks, returns and underlying portfolios," he said.

"So when it came time to invest in the product, our board had subjected the guys at Colonial to an extensive inquiry."

As a result of the mandate appointment the fund terminated an existing agreement with Barclays Global Investors.