10 traditional asset managers face significant redemptions due to industry superannuation funds' growth.
Morningstar's Industry Pulse report identifies 10 traditional asset managers with the largest redemptions, emphasizing the need for active managers to perform and adapt. Industry superannuation funds, influenced by default choice and mandatory contributions, are expected to grow significantly, posing a challenge to traditional active managers. Mercer predicts the emergence of approximately 12 mega funds by 2028, resulting in a more streamlined superannuation landscape.
March 18, 2024
3 Articles