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Super fund survey

January

Decarbonisation is firmly in Anna Shelley’s sights as an issue to push companies on.

Big super to keep pushing companies on climate

New climate disclosure laws mean even retail super funds will engage with companies on climate this year. Poor workplace safety and governance is also a concern.

UniSuper’s John Pearce and Rest Super interim co-CIO Simon Esposito acknowledge the risk of the sector’s size, but say super provides stability through deep, patient pools of capital.

Super admits its size is a risk but says ‘what is the alternative?’

The managers of Australia’s $4.1 trillion retirement savings pool say they are best placed to invest in banks and private lending despite warnings from the RBA and IMF.

Cbus chief investment officer Brett Chatfield and Aware Super CIO Damian Graham are among money managers expecting the Reserve Bank to begin cutting rates at its May or July meeting.

Top super investors dash pre-election rate cut hopes

But they say investors should be optimistic about inflation easing despite later cuts and risks associated with Donald Trump taking the White House.

Australian Super chief investment officer Mark Delany and HESTA CIO Sonya Sawtell-Rickson on US exceptionalism and where to find returns in 2025.

Where big super investors are hunting for returns in 2025

The investment bosses of the $4.1 trillion sector say US stocks will keep driving returns, but standout sharemarket performances will likely temper.

January 2024

AustralianSuper’s Mark Delaney is hunting for direct lending opportunities.

Super funds step up private lending in challenge to banks

Fund CIOs say increased regulatory scrutiny on bank capital means more borrowers are tapping them for project finance and leveraged buyouts, as well as direct lending.

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But super funds’ view that they will not have to slash real estate valuations further comes despite economist expectations of further write-downs.

Office property write-downs are done, super investors say

Super funds’ belief they will not have to slash real estate valuations further comes despite economists’ expectations of further write-downs.

Alexandra Campbell will retain Cbus’ heavy unlisted exposure.

Cbus splits from industry super rivals over performance tests

The Wayne Swan-chaired industry fund urged Treasurer Jim Chalmers to stick to the current regime even as its rivals heavily lobby Canberra for change.

Anna Shelley says non-office real estate assets held investment potential.

Local unlisted investments stage comeback for big super

The investment chiefs of the $3.5 trillion super sector say domestic opportunities had “significantly broadened” because of high interest rates, reversing historic orthodoxy that they had outgrown local markets.

Alexandra Campbell reckons tech stocks will keep performing well, but that the best returns will come from smaller outfits.

‘Idiosyncratic headwinds’ to cap returns at 7-9pc, say super fund CIOs

A raft of elections around the world will also challenge investors, say asset managers as they focus on stable and resilient earnings amid market volatility.

Super fund CIOs aren’t over the wall of worry

The executives who manage more than $1.5 trillion in retirement savings are not swinging for the bleachers. They’re still worried about inflation, interest rates and a potential recession.

Super fund CIOs go defensive amid fears rates stay high

Investment chiefs who collectively manage more than $1.5 trillion in retirement savings are ramping up their exposure to unlisted assets, private credit and cash.

October 2023

Super funds confident of outperforming inflation despite higher rates

Fund CEOs say they can still meet their ambitious objectives for returns, and might even find new investment opportunities as previously expensive asset classes cheapen.

See which super funds rate the worst for retirement

Regulators have criticised the super industry for largely ignoring a new obligation to help members prepare for retirement.

Super fund CEOs Paul Schroder (AustralianSuper), Debby Blakey (HESTA), Deanne Stewart (Aware Super), Vicki Doyle (Rest Super), Bern Reilly (Australian Retirement Trust) and Peter Chun (UniSuper) are actively engaging with company boards, which they say will improve the value of their investments.

Super fund CEOs put ASX on notice over workplace conditions

Industry super funds are using their $3.5 trillion asset pool to influence companies on decent work conditions, secure contracts and banning sexual harassment.

April 2023

Mark Delaney is cautious about Aussie equities.

Expect single-digit returns, say super fund investment bosses

The investment chiefs of some of Australia’s biggest super funds say they are only expecting single-digit returns from the domestic share market over the next decade.

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AustralianSuper is more negative on property than its rivals.

‘Very challenged’: Why this fund has much less property than rivals

The $274 billion AustralianSuper has a “relatively small allocation in [its] portfolio” to property compared with rivals including Cbus, Rest Super and Australian Retirement Trust.

Original URL: https://www.afr.com/topic/super-fund-survey-6gf9