Victoria’s local government super fund, Vision Super, has met with consultants hopeful of unseating Frontier Investment Consulting, whose latest contract in its long-running relationship with the $4 billion fund expired last month.
Rob Brooks, chief executive of the $4 billion fund, confirmed an external asset consultant tender was underway – “as with any normal governance process when a major appointment has come to the end of its term”. However, he declined to comment on which consultants were being considered, or which one is likely to get the tick. “We have invited a number of suitable candidates to lodge their interest. We haven’t taken a decision yet,” Brooks said. I&T News understands meetings with both JANA and Watson Wyatt were held last week. Brooks said a final decision would be made at the end of August at the next Vision Super board meeting.
5 August 2008 00:00
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Investments
ASFI’s sustainable finance taxonomy was meant to make greenwashing harder. But with the framework now being piloted by a slew of asset owners, banks and rating houses, there are lingering questions as to whether it does the opposite.
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