Editor's Choice
Insignia Financial responds to EQT speculation
Insignia Financial has responded to media speculation that it's in discussions with Equity Trustees (EQT) over the sale of its Australian Executor Trustees (AET) business.
AustralianSuper grows New York team
As it looks to increase its exposure to US markets, AustralianSuper has made a raft of appointments to its New York based investment team and relocated its head of private equity.
WA introduces new super laws for de facto couples
Long-anticipated superannuation laws that allow de facto couples to split their super assets in the event of a relationship breakdown have finally passed in Western Australia.
NGS Super bolsters investment team
NGS Super has made two new hires to strengthen its capabilities in international and Australian equities, as the fund works toward a carbon-neutral investment portfolio by 2030.
Products
Expert Feed
What's up with Vanguard?
Vanguard, the ETF giant, has presented an odd submission to the Quality of Advice Review.
Will falling house prices tip Australia into a recession?
With the RBA tightening cycle firmly underway, the impact for Australian households is only starting to be felt.
Retirement strategies for the second half
There's no doubt the superannuation system, which turned 30 this year, has been a game changer.
If I were a beginner
We've all probably been there. The days when we used to ask beginner, dumb, naïve questions about why things are done a certain way, starry-eyed questions ...
Industry Events
Your Opinion
Do you think greenwashing is a serious issue in the Australian funds management sector?
Featured Profile
Rose Kerlin
GROUP EXECUTIVE OF MEMBERSHIP AND BRAND
AUSTRALIANSUPER
AUSTRALIANSUPER
Driven by a relentless commitment to helping others, it's of little wonder Rose Kerlin has excelled at leading profit to member and purpose-led organisations. Andrew McKean writes.
I'm not sure if it's a fair comparison to line up shares options next to balanced MySuper defaults. Comparing ESG shares options to standard shares options would be a better comparison, and would show a different story (from a strictly financial perspective)
Focusing on balanced options within workplace super funds, in the year to 30 June 2018 ESG options out-performed regular balanced options on average by 0.7%, by 0.1% pa over three years and by 0.5% pa over five years. Sure it's marginal but that's the point. The message to us at Rainmaker is that well-run investment options be they ESG or regular perform similarly. There are two subsidiary points. First is the massive range that exists within the sector. Eg, over five years, the performance of regular balanced options ranged from 2% pa to 12% pa while the performance of ESG balanced options ranged from 7% pa to 12% pa. Second is that funds should not use ESG as an excuse for under-performance. Put another way, all of us should stop drinking our own Koolaid.