Don’t ask a superannuation CIO for their latest valuation of the online design company, which is plunging as the watchdog tells trustees to improve assessments.
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.
Hostplus has announced it has delivered a positive 1.57% return for members in its balanced option for the financial year, thanks to an overweight in defensive assets like infrastructure and property.
The Australian super fund has delivered a positive return on its balanced option for the financial year. Hostplus members have seen a return of 1.57 per cent in its Balanced (MySuper) Option after e