This Month
Fund managers caught up in Aware, TelstraSuper $237b merger
Western Asset Management and IFM Investors have copped a redemption in the merger of Aware Super and TelstraSuper, Street Talk understands.
Aware Super appoints new head of private equity
He will oversee Aware’s $11 billion PE portfolio, which is the first port for call for many buyout investors hunting for limited partners to anchor new funds.
Future Fund tiptoes around $4b Victorian land registry sell-down
The $267 billion sovereign wealth fund has considered forming a consortium with trans-Tasman investor Morrison but there is no certainty a bid will eventuate.
Big super’s American swing to take in Anthropic, Andreessen meetings
Draft agenda and delegate documents show the country’s largest retirement investors will also meet Wall Street heavyweights from Blackstone and BlackRock.
February
After Qube, Macquarie AM lines up tilt at $4b Vic land titles rego
Aware Super could end up owning Victoria’s land titles registry with Macquarie Asset Management, should the latter succeed in buying a 50 per cent stake.
‘Not as dynamic, not as attractive’; big super downbeat on ASX
The local sharemarket has become less attractive for investors and IPO candidates as giant passive funds fuel a top-heavy and sluggish ASX, a top CIO warns.
Macquarie flirts with old flame, Vic land titles rego, now worth $4b
Sources say MAM is yet to mandate buy-side advisers. It has until early March to make up its mind when non-binding indicative bids are due.
Lendlease CEO Tony Lombardo to step down in August
Lombardo has led a painful turnaround, but it may not have been fast enough. Only three months ago, he said he’d be in charge for two more years at least.
Banks and super funds collaborate to tackle financial abuse
Major super funds, banks and financial bodies hope to meet in March to share information about best practice in identifying and preventing financial abuse.
January
Missed profits form big part of Shield, First Guardian compensation
A third of the compensation awarded to victims of the Shield and First Guardian funds are based on their hypothetical missed investment profits.
Aware Super chases AI boom with $460m data centre deal
The superannuation giant is investing more of its $21 billion infrastructure fund into the data centres that power the artificial intelligence boom.
Aware Super’s global ambition soars with stake in $4.5b Euro mall fund
The mega property deal comes as Australia’s major super funds outgrow investment opportunities at home.
Big super delivers bumper executive, board payday after turbulent year
Some of the country’s largest retirement funds have increased how much they pay directors and other senior figures despite a step-up in regulatory scrutiny.
December 2025
Big super boosts fossil fuel investment to $33b despite green push
Market Forces says the superannuation industry is “greenwashing on an industrial scale”, after the investment advocacy group’s review of 30 large funds.
November 2025
Fund manager shake-out not over as another firm bites the dust
Tyndall’s large capitalisation funds are the latest to fall victim to the yanking of a mandate by an industry super fund. Which firm withdrew its business?
Industry super funds are outspending retail rivals on marketing
Australia’s largest industry-affiliated superannuation funds say they need to spend up on advertising to compete for members in a competitive market.
Big super’s ESG failure on Russian oil
Members that have opted for so-called “ethical” funds would be right to switch to other providers and expect regulators to ramp up their scrutiny.
Big super invests $110m in refiner using Russian ‘blood oil’
The disclosures represent the strongest link yet between Australian portfolios and Russian oil, showing funds have profited from the trade in sanctioned crude.
Is there a sport David Elia and Hostplus don’t bankroll?
The industry super fund’s generosity extends from the Richmond Tigers and A-League’s Melbourne City to a host of rugby league and basketball organisations.
Unlisted assets will cushion AI volatility: AusSuper
AustralianSuper has about $41.5 billion invested in AI and other technology, and CIO Mark Delaney says markets are underestimating its long-term potential.
