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Sovereign Wealth Funds Briefing - Categorized | Performance

Superannuation funds criticised for performance

Posted on 29 June 2011

Paul Costello, who now heads the federal government’s consultative committee on its superannuation reforms, dropped something of a bombshell at a super industry lunch last week.
He bluntly told a room of several hundred people including the heads of big funds that their investment performance had failed investors. You could have heard a pin drop. Few offered a question after the speech; I think many people were too shocked……………………………………….Full Article: Source


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