THE GREAT SUPERSELL

Written on the 10 November 2010

THE GREAT SUPERSELL

AS soul musician Gil Scott-Heron once said, ‘ain’t no such thing as a superman’.

The world is changing, the balance of power is shifting and if your blue chip shares turn red tomorrow, there is no financial superhero that will pick up the pieces. What we rely on instead is the super fund.

For actuary Tony Lally, the sense of this global change is acute, giving greater impetus for discipline in selecting a portfolio of investments that is exposed to growth assets and hedged against the unexpected.

Waking up every day with the weight of 1.2 million people’s retirement savings on your shoulders is a far cry from Olympic cycling, but Sunsuper CEO Tony Lally knows both well. He might not have won any medals in Moscow 1980, but his life’s work has brought him to a $16 billion podium of funds management. He tells Brisbane Business News about plans to boost holdings in emerging economies and the importance of diversification.

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