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27 November 2019 • By James Mitchell • 1 min read

‘We’re taking bets’: Industry fund puts $1bn on VC

The CEO of an industry super fund has explained how the group will invest $1 billion of member funds in venture capital “bets” including online ...

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Super funds on track to own 60% of Aussie equities

Deloitte has warned that superannuation funds will dominate the ASX within 20 years as total assets hit $10.2 trillion in 2038. Despite ongoing ...

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Vale David Smith

Director of industry superannuation fund HESTA David Smith was said to pass away “suddenly” on Friday. Mr Smith served on the fund’s investment ...

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Industry super grilled over ‘questionable’ ACTU payments

The heads of some of the largest superannuation funds in the country have been pressed over large sums of money paid to the Australian Council of ...

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New York-based asset manager wins Sunsuper mandate

Global asset manager PineBridge Investments will provide asset allocation expertise to superannuation giant Sunsuper as part of the group’s Strategic ...

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Unlisted assets boosting industry funds ahead of retail

Despite pointing to unlisted assets as a key contributor to the 1.8 per cent annual returns boost for industry funds over their retail competitors, ...

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Chinese investors abandon ASX, super funds double down

New data has shown Chinese sovereign wealth and pension funds have halved their investment in ASX 200 companies in the last five years, while local ...

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ISA pushes for payday super

The current superannuation payment system means that Australians are missing out on billions in unpaid super, according to Industry Super chief Bernie ...

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Dead Aussies charged fees due to ‘complexity’, says AMP CEO

The boss of AMP Australia has provided a one-word response for the reason why the embattled wealth manager continued charging Australians for life ...

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IFM tight-lipped on exec pay amid sexual harassment case

The CEO of IFM Investors has refused to talk about how much fund managers and executives are paid during a heated discussion before a parliamentary ...

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