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The era of mega funds

The era of mega funds

Industry funds will own 50 per cent of the ASX by 2030. David Rowe

Joanna MatherWealth editor
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C

orporate Australia has awoken to a new reality: it is superannuation funds that are calling the shots. Just ask Westpac.

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Joanna Mather
Joanna MatherWealth editorJoanna Mather joined the AFR as an education reporter in 2008. She spent four years in the Canberra press gallery before becoming superannuation reporter in 2016, deputy news director in 2021 and wealth editor in 2023. Connect with Joanna on Twitter. Email Joanna at jmather@afr.com

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Original URL: https://www.afr.com/companies/financial-services/the-era-of-mega-funds-20191223-p53mey