Industry funds buoyed by unlisted assetsBY KARREN VERGARA | FRIDAY, 11 MAR 2022 12:11PMIndustry superannuation funds tend to outperform SMSFs and retail funds thanks to their allocation to unlisted assets and by managing investments internally. Related News |
Editor's Choice
Vanguard to acquire custodian Altruist
Vanguard will acquire custodian and investment platform Altruist in a bid to expand into the American independent financial adviser market.
FAAA pushes to expand NCA to financial advisers
Financial Advice Association Australia (FAAA) said it will advocate strongly to expand the scope of the New Class of Advisers' to all financial advisers, which will currently be limited to only superannuation funds and life insurers.
SMSFA appoints head of professional standards
The Self-Managed Super Fund Association (SMSFA) has appointed Keddie Waller as the head of professional standards.
UniSuper unlocks close to $15k for members moving into retirement
Eligible UniSuper members will receive a tax-free bonus of up to $14,700 when they move into retirement phase from October 1.
Further Reading
Products
Featured Profile

Liza McDonald
HEAD OF RESPONSIBLE INVESTMENT
AWARE SUPER
AWARE SUPER
Liza McDonald would have you believe her path from a legal secretary to the head of responsible investment at Aware Super was a matter of good fortune. Her career says otherwise. Riddhima Talwani writes.







Industry funds outperform because they have more of their funds invested in growth assets - the one and only objective is to produce the highest return with less regard for risk.
A review of the APRA heat maps show that often their returns are no better than retail on a like for like basis.
Of course, I wouldn't expect research by ISA to reach this conclusion.