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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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Macquarie scores 45pc jump in mandates

  •  
By Christine St Anne
  •  
2 minute read

The investment manager has scored $87 billion in defensive asset mandates.

Macquarie has won $87 billion in cash and fixed interest mandates, an increase of 45.3 per cent from the previous quarter, according to Morningstar's June quarter Market Share Report.

This increase in mandate wins represents 28.1 per cent of the industry increase, with the firm gaining an extra 0.8 per cent in market share and a reported total of assets under management of $77.3 billion as at June 2009.

State Street Global Advisors (SSgA) grabbed first position in overall discrete mandate wins, overtaking Commonwealth/Colonial with an increase of $3.6 billion (12.5 per cent) since the last quarter.

Several SSgA clients moved from unit trusts to discrete portfolios during the quarter, according to the report.

 
 

The industry super fund-backed group Industry Funds Management also scored a jump in mandates, garnering $6.4 billion in the June quarter from $4.2 billion in the prior quarter.

These mandates include an AustralianSuper mandate worth $3.8 billion, $30 million from Hostplus and $440 million from the IFM Debt Investment Group.

Overall, the report found that discrete mandates grew from $30.9 billion in the previous quarter to $344.3 billion in the June quarter.

This mandate growth was still down by 11.6 per cent over the year, with 49 of 66 managers reporting gains. It was an improvement on the previous quarter, when only 26 managers grew their mandate business.