The market trends top of mind for ART s chief economist superreview.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from superreview.com.au Daily Mail and Mail on Sunday newspapers.
Positive super returns streak comes to a halt superreview.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from superreview.com.au Daily Mail and Mail on Sunday newspapers.
The average balanced super fund option lost almost 5 per cent, with only two being able to boast a positive return for the year, according to research from Super Ratings. Only one option returned above 1 per cent – from a retail firm – but over a longer period the data backs industry funds.
After a dismal 2022 when the median balanced super fund lost almost 5 per cent, IFM Investors chief economist Alex Joiner says fund managers are looking for the risk on pivot.