The AIST is holding its first superannuation fund governance conference at the Melbourne Sofitel Hotel on May 6, which is designed to help trustees and executives to review the governance of their funds.
Typically, most governance conferences to date – and sessions at the major industry association conferences – have involved funds looking to better govern their investments rather than the oversight of their own organisational structures. Next week’s conference, held in conjunction with the Melbourne Centre for Financial Studies, includes as speakers: Keith Ambachstsheer, of the University of Toronto (via satellite link), Ross Jones, deputy chair of APRA, Professor Michael Skully, of Monash University, and Leo de Bever, CIO of VFMC. It will be followed by a dinner with Senator Nick Sherry, Minister for Superannuation and Corporate Law. Information and bookings: www.aist.asn.au
Future Fund chief investment officer Ben Samild said that FY24 has been a great year for alpha creation, thanks to strong returns in equities and, unusually, across multiple hedge fund strategies all at the same time. He reflected the past few years have been “a difficult time to be an asset owner and to generate positive returns for risk assets” but the Future Fund is tracking well of its long-term mandate.
Simon Hoyle and Darcy SongSeptember 4, 2024