Professional sport is fast becoming an institutional-grade asset class. Some of the biggest winners for superannuation capital are the Atlanta Braves and Formula One.
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Struggling to stem rollovers to rivals, many of the nation’s largest superannuation funds are investing heavily in advice.
New research claims red tape is costing retirees $20,300 each as the super funds under-invest in venture capital, yet major funds insist they're backing startups despite the constraints.
The Albanese government has renewed its call on companies not to undermine the 'stapling' of employees to a single super fund when onboarding new staff.
Smaller startup investors say super funds' support for a limited number of Australian firms risks creating a "VC oligopoly".
