Morningstar Awards Gold Rating to ART, UniSuper, and Aware Super Amid Sector Challenges

Morningstar has introduced a new weightage for its Parent pillar, emphasizing governance, culture, and operational excellence. ART, UniSuper, and Aware Super secured a gold rating for their Balanced MySuper options due to strong governance and long-term performance. AustralianSuper was upgraded to a silver rating, and Colonial First State secured a bronze for its Lifestage super strategy. The funds were praised for their internalisation strategies, global expansion, and high-calibre investment teams.