Rest stays committed to equities despite global volatility concerns

InvestorDaily

Rest Super remains “fully committed” to equities, even as it anticipates higher market volatility than experienced in previous decades. Earlier this month, the fund reported a 9.85 per cent return for its MySuper default option for FY2024–25 – slightly below peers, many of which posted double-digit gains. At the time, Rest attributed the performance to strong returns from listed equities, while unlisted assets continued to play a key role in diversification and portfolio stability.

Speaking to InvestorDaily, interim co-chief investment officer Kiran Singh reaffirmed the fund’s stance: “We remain fully committed in equities at this point.” While acknowledging stretched valuations in the US and lingering uncertainty from newly implemented tariffs, Singh said he doesn’t foresee a “long-lasting, sharp decline in the US economy”. “Our central case is one of growth moderation,” he said. “The extent of this moderation remains uncertain until the full scope of the tariff implementation is finalised.”

The rest of this article can be found at investordaily.com.au.