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Apostle taps former Platinum AM chief
Apostle Funds Management has appointed a new chief executive following the departure of managing director Mitchell Gunman earlier this year.
LRBA ban raises questions as new details emerge
New data indicates the impact of the LRBAs ban for SMSFs may have been underestimated, which will affect a market significantly larger than what officials suggested, with major implications for housing supply and competition in the mortgage market.
IFM acquires shopping centre portfolio for $300m
IFM Investors has acquired a shopping centre portfolio to be developed and built by Australian-owned developer-builder Oreana with a value of approximately $300 million, as it seeks to harness a surge in convenience-based shopping.
VanEck targets tech thematics with trifecta launch
VanEck is bringing three ETFs to life for local investors to access thematic investments across several emerging technology sectors, including what it says is "Australia's first dedicated quantum computing ETF."
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Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.







What a surprise that SMSF members are satisfied with the vehicle that they chose :)
Calculating performance as $ is not really comparing apples to apples, because you'd expect that SMSF's by their very nature to generally have higher balances than their industry fund and retail counterparts.
Of course a SMSF owner will be happier if their super fund grew by $100k* from $500k to $600k, compared to a retail/industry fund members who's balance grew by $10k (assuming no contributions) from $50k to $60k. After all that's a $90k better 'performance' yet still both returned 20%.
I appreciate that you can not properly compare by % because no SMSF is the same, buts its still wrong to say that SMSF are happier with performance because the measure is wrong/false.