AUSTRALIA - Superannuation funds plunged an average 5% over January due to market corrections, according to the agency SuperRatings.
SuperRatings said even the most conservatively invested balanced portfolios lost up to 3.25%, with the worst hit funds falling by 7.5%. Jeff Bresnahan, managing director, SuperRatings, commented...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date