However, while that data showed a strong recovery in superannuation returns after the impacts of COVID-19 in the early months of 2020 and the effects of the Government’s Early Release Superannuation (ERS) initiative, it also confirmed just how conservatively most superannuation funds had pitched their investment allocations.
While there had been heavy criticism of industry funds allocations towards unlisted investments, the APRA data for the March quarter showed that such investments represented a very minor per centage and that most money was being directed to equities, fixed interest and cash.
The APRA analysis showed that as at the end of the March 2021 quarter, 54% of the $2.0 trillion investments were invested in equities, with 27% in international listed equities, 23% in Australian listed equities and 4% in unlisted equities.
EquitiesFirst Launches Asia Pacific Corporate Governance Initiative
Japan, Hong Kong, Australia, South Korea, Mainland China, Thailand, Singapore, Malaysia and India
HONG KONG, May 26, 2021 /PRNewswire/ Equities First Holdings, LLC, (
EquitiesFirst ) a global specialist in asset-backed financing today announced a strategic collaboration with
Nasdaq Governance Solutions to launch a series of co-branded whitepapers, providing actionable insights on the latest in corporate governance best practice in Asia Pacific. This project aims to add value to investors and management as they pursue long-term value creation in their enterprises.
The partnership will see the launch of Corporate Governance: Driving Value Creation in Asia Pacific . This will involve a series of reports being published throughout the year focusing on selected markets including Japan, Hong Kong, Australia, South Korea, Mainland China, Thailand, Singapore, Malaysia and India. A team of experts has been assemb
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Self-managed superannuation funds have gobbled up controversial leveraged property loans as the housing market reignites following the COVID-19 crisis, with lending to SMSFs surging by 6 per cent over the previous quarter.
SMSFs held $59.4 billion worth of limited recourse borrowing arrangements at the end of March, up almost $4 billion from the $55.8 billion worth of LRBAs at the end of December, according to figures released by the Australian Taxation Office on Wednesday,
SMSFs are piling into the property market.
The 6.5 per cent jump in outstanding leveraged loans in the $750 billion SMSF system is a return to sharp growth in property investment for self-managed nest eggs, after the rate of borrowing held largely steady over the course of the coronavirus pandemic during 2020.