legalsuper appoints finance chief
The industry fund for the legal community has hired a finance chief but is still in the market for a new chief investment officer to replace Norman Zhang who resigned last month.
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The industry fund for the legal community has hired a finance chief but is still in the market for a new chief investment officer to replace Norman Zhang who resigned last month.
Superannuation fund members enjoyed a stellar year to June 30, 2023, with returns on the median balanced fund with 61 to 80 per cent growth assets reporting 9.2 per cent growth, according to Chant West.
Super fund members enjoyed a stellar year to June 30 2023 with growth funds reporting 9.2 per cent growth according to Chant West.
Comprising both small and mega super funds, these 10 growth funds have managed to deliver returns over 7.5 per cent per annum consistently for the last decade, according to Chant West.
A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super.