Fri, Oct 9, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Australian superannuation fund industry assets surpass A$1.5tln

Friday, July 19, 2013

Bailey McCann, Opalesque New York:

The Australian superannuation fund industry is beating expectations as assets continue to flow in. Global and domestic asset management firms are rushing to be part of the industry which includes both institutional and self-directed funds. The country recently overtook Canada in international rankings of industry size, making it fourth behind the US, Japan and UK.

With compulsory superannuation of all employee salaries set to increase from 9% to 12% by 2019, Deloitte forecasts that these uplifts will increase the superannuation industry from $1.6tln today to over $3tln already by 2020. There are calls for further increases as high as 15%. The Sovereign Wealth Fund Institute offers a full breakdown of this pool as of June, which includes corporate, industry, public sector, retail, and pooled trusts.

Participants in our recent Opalesque Australian Roundtable note some other important shifts happening in the industry - "we have seen a noticeable increase in interest from U.K. and U.S. Fund managers looking to establish businesses in Australia. This ranges from small distribution offices to fund offshore product through to establishing houses here and issuing local product," says Declan O’Callaghan......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  2. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  3. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  4. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i

  5. …And Finally - Japanese men want upgrade on their virtual girlfriends[more]

    From Five years after News of the Weird mentioned it, Japan's Love Plus virtual-girlfriend app is more popular than ever, serving a growing segment of the country's lonely males -- those beyond peak marital years and resigned to artificial "relationships." Love Plus models (Rinko