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Macquarie sweeps Investment Leadership AwardsBY KARREN VERGARA | FRIDAY, 11 JUN 2021 12:37PM
Macquarie Investment Management took home six awards at Financial Standard's Investment Leadership Awards held at Sydney's Luna Park last night.Read more: Macquarie, Macquarie Investment Management, Vanguard, Australian Ethical, BetaShares, Charter Hall, IOOF, Plato, VanEck, AllianceBernstein Australia, Bennelong Funds Management, BetaShares Capital, BlackRock Investment Management, BNP Paribas C WorldWide, Charter Hall Group, C Worldwide, Ethical Investment, Fidelity International, Greencape Capital, John Dyall, Pendal Group, Quay Global Real Estate Fund Infrastructure Clearbridge Investments, State Street Global Advisors, VanEck Australia
In a year the average fund posted over 18% in returns, CommBank's Essential Super was the top one-year performer.
Superannuation funds can expect their results in the first performance test by August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday.
The Federal Court found that RI Advice Group's failure to provide rigorous oversight over a former financial adviser resulted in bad advice to consumer detriment.
Member of Parliament Tim Wilson will lead the charge to determine if big super's domination over the Australian sharemarket is stifling competition.
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