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Industry funds dominate risk-adjusted MySuper returnsBY HARRISON WORLEY | FRIDAY, 6 DEC 2019 12:30PM
Industry superannuation funds have laid down the gauntlet to their counterparts, taking the top 10 positions in Rainmaker's most recent league tables for risk-adjusted MySuper returns.
Read more: MySuper, Rainmaker, Club Plus, Alex Dunnin, EISS Super, First State Super, HESTA, Hostplus, Local Government Super
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Australian Ethical introduced a new high conviction fund to wholesale clients, investing in a range of sectors including local healthcare, renewables and technology stocks within the S&P ASX 300.
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final.
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management.
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