The superannuation sector hopes the Iran crisis is solved quickly so it can avoid the risk of a nasty bear market colliding with persistent operational issues.
On Shemara Wikramanayake’s office wall is a cartoon that was passed down to the Macquarie Group chief executive by her predecessor, Nicholas Moore. It depicts a group of wizards standing around a crystal ball, with the caption: “Nope, we’ve got nothing.”
Source: https://www.afr.com/chanticleer/the-hidden-iran-risk-keeping-big-super-up-at-night-20260327-p5zj6p