Asset Allocation
Equity Bull Market Buoys Australian Super Funds’ 2024 Returns
The calendar year saw double-digit returns based on Australian and global stock performance, ASFA reports.
Tag: Superannuation Funds
Pensions
Australia’s Pensions Regulator Launches Project on Unlisted Assets
The APRA is putting under review its practices for valuation of unlisted assets, including private equity, commercial real estate and infrastructure.
With a Recession Enroute, Should Pension Funds Be Worried?
Maybe not, data from WTW and others show. Despite some losses lately, they remain in resilient shape. Here’s how.
Risk
Australia’s HESTA Accused of Greenwashing
The Environmental Defenders Office says HESTA’s investments in oil and gas companies could be in breach of the law.
Newsmakers
Australian Pension Funds Mercy Super and HESTA to Merge
Proposed deal is the latest in an ongoing consolidation within the industry.
Corporate Moves
AustralianSuper CEO Ian Silk to Step Down
Chief Risk Officer Paul Schroder has been tapped as Silk’s successor
Pensions
AustralianSuper, LUCRF Super Plan to Form $173.8 Billion Investor
The merger would consolidate the country’s first and largest superannuation funds.
Corporate Moves
Australia’s Hostplus, Statewide Super to Explore Potential Merger
If approved by trustees, the resulting allocator would manage more than A$77 billion in retirement assets.
Pensions
QSuper, Sunsuper to Form $155 Billion Australian Superannuation Fund
The deal will create one of the most significant mergers of its kind, the plans say.
Alternatives
Australia’s Second Largest Pension to Divest from Thermal Coal
The fund also said it will reduce emissions from its listed equities by at least 30% in under three years.
Alternatives
Australian Pension Fund Commits to Becoming Net Zero by 2050
HESTA also pledges to reduce portfolio’s carbon emissions by one-third within 10 years.
Pensions
Australian Pension Merger Trend Continues
First State Super and WA Super announce they’ve begun merger talks.
Hostplus and Club Super to Merge
Merger talks began in July, continuing industry consolidation trend among giant pensions Down Under.
Corporate Moves
Ex-Equip Super CIO Heads to LGIAsuper
Troy Rieck replaces retiring chief David Todd at Australian pension group.