Mothers Day Classic to reach $2m for breast cancer research

The Mothers Day Classic, organised by Women In Super, expects to pass the $2 million mark in funds raised for breast cancer research after the next event on May 14. The run/walk – this year in Sydney, Melbourne, Brisbane, Adelaide and Hobart – is well supported by the funds management industry as both sponsors and participants. The Major sponsor is Members Equity Bank.

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‘It’s crazy’: More gold than bonds in super portfolios as funds rethink defensive plays

The shifting global economic landscape and its impact on currency markets are forcing asset owners to re-think the defensive portion of portfolios as traditional hedging techniques become less effective and new ones emerge. The Fiduciary Investors Symposium heard that for one fund that’s led to gold overtaking government bond allocations.

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