ART Sticks With Index Investing Strategy
Australian Retirement Trust (ART), the nation’s second-largest superannuation fund, is maintaining its commitment to index investing, citing the inherent difficulties in consistently outperforming the market through active stock picking. ART manages AUD$310 billion and was formed in 2022 from the merger of SunSuper and QSuper. The company aims to help members accumulate capital long-term.
Speaking at the ISDA conference in Sydney, Andrew Fisher, ART’s head of investment strategy, highlighted the current market’s extreme uncertainty, particularly concerning inflation, as a key reason for the fund’s conservative investment approach. Fisher also expressed scepticism regarding the hype surrounding artificial intelligence (AI),…
