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Will there be any corporate funds left standing?

Weekly Digest: OMERS chases Asia private credit; Temasek unit closes first Greater China fund | Asset Owners

ART, AvSuper closer to merging

The merger between AvSuper and Australian Retirement Trust (ART) has advanced to the next stage as they have now entered a Heads of Agreement.

Weekly Digest: Temasek named in FTX lawsuit in US; New Super fund merger | Asset Owners

Temasek has been named with other defendants in a US lawsuit that claims they conspired with cryptocurrency exchange FTX to defraud customers; Australian Retirement Trust plans merger with Commonwealth Bank Group Super; and more.

CBA Group Super pursues merger with ART

Commonwealth Bank Group Super has entered a Memorandum of Understanding to potentially merge with Australian Retirement Trust.

Australia's best performing super funds in 2022 made a loss, SuperRatings data showed

Australian retirement savings have had the worst year since the Global Financial Crisis in 2008 with 18 of the 20 best performing superannuation funds suffering a loss in 2022.

Australia's worst-performing superannuation funds named and shamed

Watchdog names superannuation funds for failing performance test

Why super is a better retirement bet than houses

Australians should consider putting their money in their superannuation instead of property as fund balances are now growing faster than house prices. Analysis by Chant West showed median growth-orientated retirement balances surged by 12.2 per cent since July 1 - something unthinkable only a year ago. The double-digit growth in just nine months, to the end of March 2021, was even stronger than the 7.7 per cent surge in Sydney's median house price during the past year. Australia's share market was this week close to reaching a record high, with the benchmark S&P/ASX200 just 1.5 per cent below the all-time peak of 7,197 set in February 2020 shortly before the Covid shutdowns.