Labor’s proposals to ban early access to retirement savings and direct super funds to invest into nation building projects might be seen as an overstep by the government.
New regulations mean a single large allocation to an impact fund could risk creating underperformance across the fund as a whole making them too risky for smaller funds, say analysts.
Munich Re appoints Tobias Frenz as Singapore CEO; CareSuper appoints chief risk officer and chief experience officer; Sun Life names general manager for life and health in Hong Kong; Eastspring makes senior appointments; Kit Georgeos leaves AMP Capital; BNP Paribas appoints head of client development for Southeast Asia securities services; and more.
Changing market dynamics are highlighting for investors the potential cost of their disproportionate focus on equity risk, according to market experts.
Experts say the drive for consolidation of smaller super funds into a few mega funds misses a key consideration of the role of superannuation: investor engagement.
Major asset owners, such as APG, NZ Super and AustralianSuper, are looking to invest in data centres in Asia even as the demand for these assets outstrips the current supply.
In the war of words in the lead up to an Australian federal election, super funds are often political collateral damage. Keeping out of the fray is smart, they say, but making a stand is just as important.