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 Whether you’re a member of the media or simply want to stay informed, this page provides all the latest media releases from Statewide Super.

  • Con Michalakis named CIO of the Year

    Statewide Super Chief Investment Officer, Con Michalakis was named CIO of the Year at the 2019 Conexus Financial Superannuation Awards in Sydney last night.

    In the only category to be awarded to an individual, Michalakis eclipsed CIO peers from a field of finalists that included Host Plus, MLC and WA Super.

    “The Conexus Financial Superannuation Awards are arguably the most highly sought after in our sector and it’s an honour to receive this accolade”.

    Michalakis has been consistently recognised as being amongst the best investment strategists in the industry over many years.
    “I am fortunate in that every day, I go to work alongside our incredibly switched on investments team and external asset experts. We’re all there with the same purpose and drive, which is to maximise our members returns for their future” said Michalakis.

    Statewide Super CEO Tony D’Alessandro, says that much of the fund’s growth has come down to Michalakis’s approach of getting the basics right. “Michalakis and his Investments team have delivered strong results for our members by positioning the portfolio to be resilient and providing excellent returns, irrespective of market volatility.”

    Michalakis says success as a CIO comes down to three things: getting the investment governance structure right, putting the right people into that structure and developing a sound set of investment beliefs.

    “Today, with those important things in place, our continuing focus is on increasing the resilience of the portfolio”

    Statewide Super has experienced exceptional investment returns with nine (out of ten) investment options delivering top quartile results nationally and their MySuper product delivering an average return of 8.77% per cent per annum, over the five year period to January 2019.*

    Con Michalakis was appointed as Chief Investment Officer at Statewide Super in August 2008 and had been a finalist in the Awards for three years running.

    *Based on hard-close unit prices at 31 January 2019 according to SuperRatings Fund Crediting Survey January 2019 SR50 MySuper Index.
    Investment returns can go up and down and are not guaranteed. All investments have risk, and past performance is not a reliable indicator of future performance.