SuperRatings reveals the top-performing super funds of 2021-22 - The Australian Financial Review
7/14/2022 12:00:00 AM2 years 9 months ago
by Aleks Vickovich, Lucy Dean
by Aleks Vickovich, Lucy Dean
Just three MySuper funds made any money for members over the 2022 financial year, as turmoil in equity and bond markets led to widespread losses across the $3.2 trillion sector.
The $82 billion hospitality industry funds chief investment officer, Sam Sicilia, said his teams decision in 2015 to dramatically reduce the funds exposure to bonds to near zero paid off big time. W… [+4409 chars]
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