Super members give up returns to invest with a conscience
The socially responsible investment of the for the health and community services super fund, Hesta, has blitzed its rivals over all time frames up to 10 years.
Writes about personal finance for Fairfax Media, Sydney, Australia.
The socially responsible investment of the for the health and community services super fund, Hesta, has blitzed its rivals over all time frames up to 10 years.
Australia's largest super funds are rapidly working their way up the world rankings by size. But what does that mean for the members of the minnows?
Buying and selling of preloved personal goods could be worth $43.5 billion a year and has grown by almost $4 billion over the past year.
Into the final quarter of the Year-Long Shares Race, Angie Ellis of 80 20 Investments holds on to her lead over the second-placed competitor.
Sydney's Liverpool, Campbelltown, Surry Hills, Darlinghurst and Bondi feature among the top 10 locations nationally for lost super funds.
Returns from Australian shares have not been as good as for most overseas markets.
A big lift in the share price of Richard Pritchard's pick of lithium miner Argosy helped the Chartist to increase his lead over his main challenger in the final week of the four-week Shares Race and take line honours.
Tech stocks are potentially more rewarding than companies operating in other sectors of the economy, but also riskier.
With Hurricane Irma hitting the US, following the devastation of Hurricane Harvey a fortnight ago, those investors holding catastrophe bonds are likely to lose their money.
Despite surveys showing how stressed many of us are about money, about eight in 10 adult Australians are not receiving financial advice.
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