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Annika Bradley

Is your industry super fund too illiquid for its safety?

The long-term retirement system allows super funds to buy illiquid assets, but they must be prudently managed. Measuring liquidity is complex but how do our five major funds compare and are their levels safe?

The super wars revisited: Vanguard vs AustralianSuper

Vanguard has thrown down the gauntlet to the superannuation industry by launching its Super SaveSmart accumulation offering. How does its current offering stack up against local juggernauts such as AustralianSuper?

The super wars: Vanguard versus AustralianSuper

Vanguard Super will launch later in the year with details yet to be confirmed, but it's likely to look like the Vanguard Personal Investor product. Will it really compete with the big, established super funds?

Can you trust industry super fund valuations?

There is a cloud of suspicion over which was the best performing fund of the year in FY22 due to doubts about values of unlisted assets. US funds must reveal valuations but there is a lack of transparency in Australia.

The role of retirement villages in retiree housing

The majority of Australians prefer to ‘age in place’, and legislation on retirement villages is complex. They are increasingly popular but understanding the options is not for the faint-hearted.

ASIC creates a level playing field on fees

An explanation of ASIC's new fee disclosure guidelines that come into effect from February 2017. The changes promise to make comparing funds and fees much easier for investors.

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Interviews

AFIC on the speculative ASX boom, opportunities, and LIC discounts

In an interview with Firstlinks, CEO Mark Freeman discusses how speculative ASX stocks have crushed blue chips this year, companies he likes now, and why he’s confident AFIC’s NTA discount will close.

Investment strategies

Solving the Australian equities conundrum

The ASX's performance this year has again highlighted a persistent riddle facing investors – how to approach an index reliant on a few sectors and handful of stocks. Here are some ideas on how to build a durable portfolio.

Retirement

Regulators warn super funds to lift retirement focus

Despite three years under the retirement income covenant, regulators warn a growing gap between leading and lagging super funds, driven by poor member insights and patchy outcomes measurement.

Shares

Australian equities: a tale of two markets

The ASX seems a market split in two: between the haves and have nots; or those with growth and momentum and those without. In this environment, opportunity favours those willing to look beyond the obvious.

Investment strategies

Dotcom on steroids Part II

OpenAI’s business model isn't sustainable in the long run. If markets catch on, the company could face higher borrowing costs, or worse, and that would have major spillover effects.

Investment strategies

AI’s debt binge draws European telco parallels

‘Hyperscalers’ including Google, Meta and Microsoft are fuelling an unprecedented surge in equity and debt issuance to bankroll massive AI-driven capital expenditure. History shows this isn't without risk.

Investment strategies

Leveraged single stock ETFs don't work as advertised

Leveraged ETFs seek to deliver some multiple of an underlying index or reference asset’s return over a day. Yet, they aren’t even delivering the target return on an average day as they’re meant to do.

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