Super Review

New analysis has uncovered Australia’s top 30 superannuation funds are at risk of a 46 per cent drop in investment returns due to the physical risks posed by climate change. https://bit.ly/4iduQkt

The 37th Annual Fund Manager of the Year Awards is back, where the best in the industry rise to the top. For decades, these awards have set the benchmark for success, honouring the leading professionals and groups within the Australian fund management profession. This is your chance to take the first step to being recognised as one of Australia’s leading individuals. Submissions and nominations are now open to the industry for individual categories – get started today by visiting our website:?https://bit.ly/4koUR1X Group finalists will be determined by Lonsec Research & Ratings. As our exclusive research partner, Lonsec Research & Ratings will bring a wealth of experience and expertise to the awards, conducting thorough and independent research on funds and investment managers. Get involved today to be a part of this highly anticipated industry event. #FundManageroftheYearAwards #awards #finance #banking #fundmanagement #investment #services #nomination #recognition

Senator Andrew Bragg has pressed funds that attended the super summit in the US, demanding answers on costs, compliance with their best financial interests duty, and the decision-making process behind their participation. https://bit.ly/43qLh8R

The US administration has reportedly been impressed by Australia’s super system after super fund leaders attended a high-level summit in New York to secure top-tier investment opportunities. https://bit.ly/43fGR4C

Delahunty has issued a fairly stern response to ASIC, defending super’s investments in private markets and urging the regulator to work with APRA to eliminate “duplicative regulatory requests”. ASFA | The Voice of Super https://bit.ly/3F6QRCT

Australian super funds are expected to invest trillions of dollars in international markets by 2035, with the US emerging as the top destination for these funds, according to a new report commissioned by IFM Investors. https://bit.ly/3XgZq4h

A confidential document circulated among super funds and industry bodies, and seen by Super Review, outlines a set of voluntary best practice principles designed to ensure funds can keep pace with rising withdrawals. https://bit.ly/3EEnacb

The investment chief of the $139 billion fund UniSuper has doubled down on his scepticism of cryptocurrency. https://bit.ly/4b7qUzd

New analysis shows that super funds had a strong January despite end-of-month jitters. https://bit.ly/413wQoc

UniSuper’s CIO has flagged the potential for a 10 per cent or greater market correction, but stated the fund will seize it as a buying opportunity. https://bit.ly/4b6h2Wq