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Showing 61 - 70 of 161 results for "Public sector fund"

Hedge fund, PE allocations drive super fees: study

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
Higher allocation to riskier and less liquid asset classes is driving higher superannuation fees, according to a new study from the Centre for International Finance and Regulation (CIFR). The CIFR funded study analysed the factors influencing superannuation ...

Industry funds extend winning streak

MARK SMITH  |  WEDNESDAY, 24 AUG 2016
... for all." The average corporate fund returned 2.3% over the 12-month period compared to 3.9% from the average public sector fund. The average return across APRA regulated funds for the year was 2.8%. The APRA report also revealed the total pool of superannuation ...

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
Total defined benefit (DB) super liabilities across Australia stood at $340 billion, according to APRA figures. But this amount is backed by only $158 billion in net assets - amounting to a deficit of $182 billion. The announcement by the Queensland ...

Latest APRA stats show drop in super assets

MARK SMITH  |  TUESDAY, 24 MAY 2016
... of their total assets, falling to $532 billion. Self-managed super funds were up 0.2% to $590 billion, total public sector fund assets rose 1.6% to $225 billion and industry funds were up 2.2% to $447 billion. MySuper assets increased to 7.7% to $452 ...

AustralianSuper launches new SRI investment option

DARREN SNYDER  |  MONDAY, 18 APR 2016
... infrastructure and debt," Gocher said. A recent study from Market Forces found fifteen major retail, industry and public sector fund options have lost an estimated $5.6 billion - or up to $3,024 per member - on fossil fuel equity investments in 2014 ...

Divestment integral for better returns

KERRIE SYDEE  |  THURSDAY, 14 APR 2016
... fact that its stocks have declined over 90% since 2011. Market Forces found that 15 major retail, industry and public sector fund options have lost an estimated $5.6 billion, up to $3,024 per member, on investments in fossil fuel companies since the ...

New super data adds more disclosure

DARREN SNYDER  |  THURSDAY, 11 FEB 2016
The first wave of new superannuation data collected and distributed by the Australian Prudential Regulation Authority (APRA) can only add to debate around disclosure rules for super funds. APRA's annual superannuation bulletin now has data that includes ...

LGsuper rebrands to LGIAsuper

ALEX DUNNIN  |  WEDNESDAY, 10 FEB 2016
... Government Investment Australia, a transition that signals a broader strategic direction for the $9 billion public sector fund. The new brand took effect this week, the fund announced on its website. Explaining the reasoning behind the strategic refocus ...

TCorp lands Hunter Hall chief

DARREN SNYDER  |  FRIDAY, 22 JAN 2016
... Shortly following the news David Deverall had resigned from ASX-listed Hunter Hall International, New South Wales public sector fund manager TCorp announced his signing. Deverall is joining NSW Treasury Corporation (TCorp) as its new chief executive ...

SMSFs hurt more than APRA funds in downturn

MARK SMITH  |  MONDAY, 30 NOV 2015
The SMSF segment of the superannuation system suffered more in the recent market correction, the latest APRA figures for the September quarter show. Total super assets dropped in the September quarter by 1.6% from $2.03 trillion to $1.99 trillion. For ...