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Super

02 July 2024 • By Rhea Nath • 1 min read

‘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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ASX IPO drought poses challenges for super funds

Despite the much-anticipated listing of Guzman y Gomez this month, the ASX isn’t growing fast enough to cater to the $3.5 trillion super industry, ...

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Infrastructure grows prominent in industry fund portfolios

New figures from the prudential regulator unpack where various super funds are deploying their capital. The Australian Prudential Regulation ...

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Super returns creep towards better-than-expected FY23–24 return

International share markets have continued to support positive super returns in May, bringing the financial year return just shy of double digits

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Do super funds still hesitate to invest in property?

While many investors were burned by property markets over the last few years, super fund executives say there are still gains to be made through ...

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Super tax concessions no longer fit for purpose, warns think tank

The Australia Institute’s latest report suggests the concessions come at a huge cost in foregone revenue and will soon become more expensive than the ...

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Super funds poised to deliver ‘high single-digit returns’ for FY23–24

This financial year looks to be competitive for fund performance despite April’s sharp pullback, according to SuperRatings. Following April’s ...

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Federal Court finds Active Super misled investors on ESG credentials

ASIC commenced civil penalty proceedings against the $13.5 billion fund last year over allegations it misrepresented to the market that it was an ...

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Super performance test at odds with Future Made in Australia, warns industry body

The current framework of the test remains a barrier to allocating capital at scale towards the energy transition despite the government’s recent $22

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