Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
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 ...
icon

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 ...

icon

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, ...

icon

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, ...

icon

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 ...

icon

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 ...

VIEW ALL

General manager investments leaves FuturePlus

  •  
By
  •  
2 minute read

FuturePlus investments general manager leaves the firm.

FuturePlus Financial Services general manager of investments Michael Block has left the financial and investment management services organisation.

A reason for his departure has not been given and FuturPlus did not return calls to InvestorDaily.

FuturePlus is owned by Energy Industries Superannuation Scheme (EISS), and the firm is the main provider of investment management services to the super funds.

The departure of Block provides some difficulties for EISS as FuturePlus' investment analyst Chris Drew, the next most senior investment manager, is currently overseas.

 
 

But EISS said the super fund could rely on the services of its asset consultant Mercer.

"Mercer is currently EISS' asset consultant and will be able to accommodate any short term issues emerging as a consequence of Michael's departure," EISS chair John Eisenhuth told InvestorDaily on Friday.