According to figures released by AMP, members invested in the MySuper 1970s, 1980s and 1990s Lifestage options recorded calendar-year returns of 10.8 per cent, 11.0 per cent and 10.9 per cent, respectively. AMP said these three options account for more than 80 per cent of AMP Super members, with the 1970s cohort the largest by funds under management.
AMP attributed the results to its lifestage-based strategic asset allocation, its dynamic asset allocation program, and its exposure to international equities. According to AMP, portfolio performance was achieved during a year that included periods of heightened market volatility, including weaker conditions in Australian equities later in 2025.
AMP said its MySuper Lifestage options automatically adjust asset allocation based on a member’s age, gradually shifting from higher-growth assets to more defensive investments as retirement approaches. According to AMP, the 1970s option holds a higher growth allocation and is the largest Lifestage option by assets under management.
AMP chief investment officer Anna Shelley stated the calendar-year outcomes reflected asset allocation decisions made throughout the year.
“We’re pleased to have closed out the year delivering strong returns up to 11 per cent for our members,” she said.
“Despite some volatility and wobbly markets in November, particularly with Australian shares, AMP’s MySuper options have continued to perform strongly.”
According to Shelley, returns were driven by AMP’s overweight positioning in global equities for much of the year, complemented by exposure to private debt and diversified credit. She said AMP also made tactical adjustments to portfolio risk during periods of increased volatility.
“That’s why we were able to tactically reduce risk across the portfolios at opportune times during the year, ensuring we could redeploy capital as volatility rose.”
AMP said its dynamic asset allocation program is designed to adjust the mix of asset classes in response to changing market conditions, with the aim of smoothing investment outcomes over time. According to AMP, this included buying equities during market declines and trimming positions during rallies, while maintaining a long-term investment focus.
Over longer timeframes, AMP reported that its MySuper options continued to deliver positive outcomes. According to AMP, three-year annualised returns for the 1970s, 1980s and 1990s options ranged between 12.4 per cent and 12.7 per cent, while 10-year annualised returns ranged from 8.1 per cent to 8.4 per cent.
Shelley said geopolitical uncertainty remained a risk factor for markets, but according to AMP, the portfolios had remained resilient, and the organisation maintained a constructive outlook for global equities over the medium term.
