UniSuper’s John Pearce is the sort of investor who keeps two feet firmly on the ground.He’s seen boom-and-bust capex cycles, new technological waves, financial market crises and plenty of business cycles, and warned members only in February and April that there was basically no chance they’d record double-digit returns for FY26 (he was wrong).Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles