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AusSuper hails virtuous money circle

Ian Silk says AustralianSuper, thanks to its size and superior performance, has reached a point where it enjoys higher inflows leading to higher returns leading to higher inflows.

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The timing of two events on opposite sides of the world was exquisite.

In the Southern Hemisphere, the country's largest not-for-profit super fund, AustralianSuper, revealed it had $200 billion in assets under management and was poised to harvest the benefits of economies of scale in the interests of its members.

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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com

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    Original URL: https://www.afr.com/chanticleer/aussuper-hails-virtuous-money-circle-20201210-p56mfg