The evolution of Statewide Super’s asset allocation over the last five years has seen an overall reduction in bonds and equities, with an uptake in alternative strategies.
Australian institutional investors need to be aware of, and accept that, a large proportion of the best investment ideas are going to be domiciled in offshore markets moving forward.
As super funds, we talk a lot about being long-term investors and utilising the opportunities this affords us. Yet, there are some structural issues that can push us to be more short-term focused and this can impact our ability to attain desired long-term outcomes.
Despite challenges COVID-19 has presented, HESTA is forging ahead with ambitious plans by addressing climate change, internalising their Australian equities investment function and advocating for greater gender equality in efforts to build back a more resilient, sustainable and equitable economy.
The future of investment lies in the intersection of human and machine decision making, leveraging emerging tech and its ability to derive insights from complex and varied data, coupled with the expertise of portfolio managers and human insights.