August was a turbulent month for markets, leading to some swings in superannuation returns with a strong downturn in the first two weeks followed by a swift recovery. Overall funds managed a small gain for members with leading superannuation research house SuperRatings estimating that the median balanced option returned 0.4% to members over August. “The […]
Media release: Super Returns Stay Afloat Through August Turmoil Read More »
After a strong FY24 result, super funds made a good start to the new financial year with leading superannuation research house SuperRatings estimating that the median balanced option returned 1.9% to members over July. However, markets quickly shed those gains in the first two weeks of August. “We saw returns retaining their momentum from last
Media release: August jitters dampen positive July returns Read More »
Superannuation funds have recorded another impressive year of returns for members with international technology and Australian banking shares driving above average returns over 2024. Concerns over inflation caused a slow start to the year, with multiple negative monthly returns recorded until October 2023. Increased confidence in the outlook for inflation and ongoing developments in artificial
Media release: AI and bank shares push super balances higher in 2024 Read More »
Super funds have delivered stronger than expected returns with the losses from the start of the financial year now a distant memory, and despite renewed fears around the trajectory of inflation. Leading superannuation research house SuperRatings estimates that the median balanced option returned 0.7% over the month of June, bringing the return for the year
Media release: Super funds lock in strong returns over June Read More »
Markets saw an improvement over May following April losses as equities stabilised. While not enough to fully regain the -1.6% fall in April, leading superannuation research house SuperRatings estimates that the median balanced option returned 1.0% to members over May. “As we approach the end of the financial year, funds will be seeking to consolidate
Media release: Super funds stabilise returns in May Read More »
Lonsec Holdings (Lonsec) is poised to further enhance its position as the pre-eminent provider of investment research, product ratings and managed account solutions as it announces today that its largest shareholder, Generation Development Group (GDG) is seeking to acquire 100% ownership of the Lonsec Group. Under the terms of the agreement, GDG will acquire the
Higher than expected inflation data has shifted the discussion around the outlook for interest rates in April, resulting in falling equity and fixed interest markets both in Australian and globally. This was reflected in superannuation returns as funds reported their first negative monthly return since October 2023. Leading superannuation research house SuperRatings estimates that the
Media release: Negative April returns halt super streak Read More »
AMP Advice has engaged BlackRock Australia and Lonsec to introduce a new category of tailored managed portfolio solutions, making it accessible to more advice practices – a first of its kind in the Australian market. CONTINUE READING
