Public Knowledge – making news this month…

In what could be the last piece of good performance news for super funds for some time, the Chant West Multimanager Survey found the median superannuation ‘growth’ fund (with a 61 – 80 per cent allocation to growth assets) returned 2.3 per cent for the premeltdown month of August.

State Street Global Advisors internally promoted Rick Lacaille as its new global chief investment officer.

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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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