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March 21st 2017
Despite strong gains in local and global share markets in February, superannuation funds have delivered more moderate performance, with the median balanced option posting a return of 1.1%. Together with a small negative return in January, it has been a modest start to 2017, lower than what might be implied from recent market movements, including the continued reaction from equity markets to President Trump’s policies.
February 23rd 2017
Superannuation funds posted a small negative return for the first month of 2017, but a number of indicators are showing real promise for the health of the Australian and global economies, lifting confidence and setting the year up for robust performance. In a year loaded with global political events, investors should prepare for more volatility, but should take comfort in the superannuation system’s track record of performance.
January 20th 2017
According to SuperRatings, Catholic Super and HOSTPLUS were the top returning super funds in 2016, delivering a 10.1% gain for their members, compared to the median Balanced option return of 7.3%. Catholic Super and HOSTPLUS were followed by Cbus, CareSuper and Sunsuper, all of which provided well above median performance for their members over the year.
January 6th 2017
Super funds have performed above the ten-year average in 2016, showing the remarkable resilience of Australia’s superannuation system in what has proved to be a highly challenging and eventful year.
December 22nd 2016
After a brief shock to the system, equity markets have rallied strongly on the back of Donald Trump’s upset win in the US presidential election, with Australia’s superannuation investors among the immediate beneficiaries. However, SuperRatings warned investors to prepare for a potentially rocky ride as markets continue to adjust to the changing political landscape.
December 1st 2016
Super funds were hit by market turbulence across October in the lead up to the US Presidential election, with the median balanced fund falling by -0.8%.
November 17th 2016
While markets may have appeared remarkably calm ahead of the US election storm, a gradual sell-off in shares through October led to losses for superannuation investors. According to SuperRatings, the median balanced option return for October is likely to be an estimated -1.0%, with shares and bonds both contributing to falls in portfolios.
October 27th 2016
September has been a month of meagre returns for the majority of Australia’s superannuation funds who have seen their Balanced option produce a return of just 0.1% over the month. This belies a challenging landscape for investors and a challenging outlook for value.
October 20th 2016
SuperRatings earlier this week announced the winners of their annual Fund of the Year Awards, with the top honour going to QSuper for the second year running. The Fund of the Year Awards recognise the major leaders and innovators in Australia’s superannuation industry, with the ultimate prize awarded to the fund that provides the best value end-to-end retirement solution.
August 26th 2016
Super funds have rebounded this month with the median Balanced fund (with 60-76% of assets invested in growth assets such as equities) increasing by a welcoming 2.7%.
All asset classes finished the month in the black with the SR50 Australian Shares Index the best performer, with the median fund posting an impressive 5.7% return.
July 21st 2016
SuperRatings research has found the median balanced fund (60-76 per cent invested in growth assets) has returned 2.8 per cent over the last financial year.
Research Manager Kirby Rappell said despite experiencing a “subdued return” for the previous 12 months most of the gains made were in the last quarter.
“Funds returned around 2.6 per cent in the final quarter of the year, which accounted for much of the year’s return despite the volatility,’’ he said.
June 28th 2016
Superannuation funds have recorded solid returns in May with the median balanced option delivering a rise of 2.3% to it’s members. This increase can largely be attributed to strength in the Australian sharemarket which continued it’s run higher in May, with the S&P/ASX200 reaching it’s highest level since August 2015.
Returns across all asset classes were in the black, with the median SR50 International Shares index producing the strongest result in May with a rise of 4.5%.
May 26th 2016
Super fund returns have edged higher in April with the median superannuation fund rising by 1.4%. It is the second consecutive positive return for super funds, as the Australian share market continues to recover from it’s February lows.
Although median returns in May are remaining positive so far, SuperRating’s said investors were still bracing for more market volatility.
April 22nd 2016
Yet another bounce in investor confidence has led to a turnaround in superannuation fund returns, with the median balanced option jumping by 1.7% in March. According to SuperRatings, the bounce in March returns simply reflected the improved optimism in the global economy, with many markets across the world, rallying hard during the month, particularly in Asia.