This Month
Is your super fund among these winners?
Investment chiefs of the top performers say there are still plenty of opportunities for the artificial intelligence revolution to drive up retirement savings.
- Hannah Wootton
Revealed: Which super funds rate the best – and worst – for retirement
Superannuation funds are going backwards in terms of preparing their customers for retirement, new research shows.
- Hannah Wootton
Top 10 super funds revealed for FY24
A small mining industry fund delivered the highest returns for the second year in a row, with two retail super giants joining it in first place.
- Hannah Wootton
No rate cuts and maybe a rise as inflation sticks, super funds warn
The investment chiefs of the country’s biggest funds also have a bleak outlook for Aussie shares over the next year, after global equities drove double-digit returns in FY23.
- Hannah Wootton
The $175b super fund that’s shopping for old London office blocks
With $11 billion in its property portfolio, Aware has been unafraid of going early and hard with a countercyclical strategy. And it means going global.
- Nick Lenaghan
Super fund savings will ride out ‘year of elections’: CIOs
But investment chiefs warn that the rise of populism or an increase in US-China tensions could flow through to short-term returns.
- Hannah Wootton
- Exclusive
- Nuclear energy
Too uncertain, too slow: funds rule out financing Dutton nuclear plan
The disinterest from superannuation funds comes despite appetite for other energy transition assets and a shortage of domestic investment opportunities.
- Hannah Wootton
Aware Super cashes in on tech, healthcare bias to return 11pc
Aware follows several other super funds with high global equities exposure reporting returns of more than 11 per cent for 2023-24 as tech stocks soared.
- Hannah Wootton
June
Aware Super, Roc calls in bankers at $1b No.1 chicken farmer ProTen
ProTen is listed among Aware Super’s infrastructure portfolio disclosures with a valuation of between $500 million to $1 billion.
- Sarah Thompson, Kanika Sood and Emma Rapaport
May
Guzman y Gomez unveils $2.2b listing in bumper pay day for backers
The Mexican-themed restaurant chain said there was “considerable demand” from pre-IPO investors, and the money would be used to supercharge growth.
- Updated
- Carrie LaFrenz and Tom Richardson
Lendlease sells US construction business days after strategy reset
The development giant had on Monday outlined plans to progressively offload its international construction and property assets as investor unrest mounted.
- Nick Lenaghan
Lendlease chairman to step down at AGM
Michael Ullmer has confirmed he will step down at the company’s shareholder meeting in November, but disgruntled investors want more action than that.
- Nick Lenaghan and Joshua Peach
Super funds spend big ahead of advice reforms
As the legislation enabling them to give more financial advice languishes in Canberra, funds are moving ahead with plans to implement it anyway.
- Hannah Wootton
- Exclusive
- Tax avoidance
Aware says it is in ‘early discussions’ with Lendlease over tax bill
The industry superannuation fund is one of the company’s largest investors and owns a big stake in the retirement living business at the centre of the audit.
- Campbell Kwan
Cabal of industry super funds, led by investors, weighed ASX takeover
The ASX is an essential piece of infrastructure, and has a quasi-monopoly position, a description that would fit Sydney Airport, for instance, which went private in a $23.6 billion takeover.
- Sarah Thompson, Kanika Sood and Emma Rapaport
April
- Exclusive
- Superannuation
Future Fund’s Alicia Gregory moves to $257b US asset manager
The deputy chief investment officer will join Blue Owl Capital, the US investor courting Australia’s superannuation market for over a year now.
- Aaron Weinman
What to expect from the new governor-general, from those who know her
Praised for her integrity, empathy and roaring intellect, all those who have worked alongside Sam Mostyn, or seen her in action, expect great things when she starts her new role.
- Sally Patten, Hannah Wootton and Samantha Hutchinson
The new governor-general - in her own words
Sam Mostyn has been one of Australia’s most influential company directors for many years, shaping policies on gender, climate and First Nations issues.
- Hannah Wootton
March
ASIC, APRA warn super funds on executive scrutiny
Regulators and lawyers have warned super funds they need to get their houses in order before tough new executive accountability laws come into force next year.
- Updated
- Hannah Wootton
Super funds’ director picks may be conflicted: Chronican
The warning comes as AustralianSuper CEO Paul Schroder says his fund is reserving its right to put a director on Origin’s board, and as the funds train up cohorts of future directors.
- Updated
- Hannah Wootton