Worst is yet to come for active managers, Watson Wyatt warns super funds

Hugh Dougherty, head of manager research for Watson Wyatt in Sydney, said “This is clearly a difficult business environment for active managers and ‘people’ issues are likely to be superseded by ‘business’ issues as the principal concern of management and chief among these will be consolidation, regulation and sustainability.”

 

 

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Aware backs tougher law to ensure company action against modern slavery

Aware Super has backed the call for a legislative change that will introduce mandatory human rights due diligence for large Australian companies, as head of responsible investment Liza McDonald said it’s a “reasonable request” which will help asset owners understand and manage the governance risks in their portfolios.

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