Push for more private equity in Super
27th Apr 12
By Damon Kitney, The Australian
AVCAL’s chair David Brown highlights the importance of a larger and more appropriate allocation to private equity by local super funds in his most recent interview with The Australian. David talks about the MySuper legislation, the increase in superannuation guarantee, and programme implementation issues among superannuation funds and their negative effect on the local private equity industry. David also stressed on the solid performance the local private equity has demonstrated compared to their public market benchmarks.