Insto roundup: Nippon Life seeks M&A; New KTCU CIO

AUSTRALIA Australian superannuation funds recorded positive returns for the seventh year in 2018 but only by a small margin, with the median growth fund gaining 0.8%, the lowest since 2011, according to super ratings agency Chant West. Among the better performing funds, Qsuper topped the list for the year with gains of 2.8%. Brad Holzberger, chief investment officer of Qsuper, told Australian Financial Review that the fund's strategy to allocate more to asset classes other tha…