CSAM chief won’t deny boutique rumours

Aberdeen has already announced its global equities process will take over from the Capital International process, for which CSAM had been retail distributor and currency manager since 1997. The move has inspired Capital International to address Australia more directly, using Singapore-based Mark Speciale to try and convince as many investors as possible to stay with it and not migrate to Aberdeen. Speciale also plans to service institutional clients more directly, with pending implications for the National Capital Alliance joint venture with nabInvest.

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The AI boom has left super funds with nowhere to run

Whenever super fund CIOs are asked what they’re doing about AI risk, “diversifying” is always the answer. But as cross-portfolio exposures to the thematic grow and grow, that answer is no longer good enough.

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