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Super

05 July 2024 • By Maja Garaca Djurdjevic • 1 min read

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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Aware Super reports second consecutive double-digit result

The $175 billion fund has announced a strong return from its high growth default option. Aware Super has announced a double-digit return of 11.02 ...

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Mega fund cautions against ‘false positives’ in analysis of geopolitics

Some of Australia’s largest funds suggest that preparing for, rather than predicting, geopolitical events could be a more prudent approach in the new ...

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AusSuper repositions portfolio midway to deliver ‘solid’ FY23–24 result

Shifting away from a defensive position in the second half of the year helped the fund make the most of share market gains, according to its CIO

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Tech bets paid off for funds in FY23–24: SuperRatings

The median balanced option stands to return high single digits as forecast, with funds holding tech exposures likely to see strong results

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‘Very thoughtful’ allocations buoy HESTA’s FY23–24 results

The $84 billion fund has credited resilient share markets and its exposure to the artificial intelligence rally for its strong performance in the ...

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Mega fund sees bright future for growth assets amid economic challenges

Despite high inflation and ongoing geopolitical tensions, the head of investment strategy at ART sees a promising outlook for growth assets

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