Nicholas Applegate withdrawal raises bigger questions

It is difficult to imagine a funds management firm in the US or UK being able to understand these nuances of the Australian institutional market.Good luck Nicholas Applegate.

FEAL’S 10TH BIRTHDAY BASH

The 10th anniversary Fund Executives Association Ltd conference, being held in Melbourne on August 13, will concentrate on green shoots appearing in both the marketplace and the superannuation industry.Hugh Mackay, the social researcher, will present on the attitudes of ordinary Australians to their savings and their future aspirations.

Satyajit Das, the author of Traders, Guns and Money, will discuss the outlook for the world economy, which will then be analysed by investment experts Jack Gray of Brookvine, David Hartley of Sunsuper, and Tim Hughes of Catholic Super.

Bruce Boundy, managing director of advertising and marketing agency Inqbase, will present his views on how super funds and managers can better exploit new technologies, providing examples of the good and the bad in recent campaigns. He, too, will be followed by a discussion panel consisting of marketing and communications experts James Coyle of AustralianSuper, Linda Elkins of Russell Investments and Paul Murphy of UniSuper.

The FEAL conference is that association’s only regular event which is open to all industry participants.

Information: www.feal.asn.au

Investment & Technology is the official magazine for the FEAL conference, as well as being official magazine for the next IFSA conference, also in August, and all AIST events for the next year, including CMSF.

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What I took away from the world’s ‘festival of private capital’

The on- and off-stage antics at the extravagant Milken Global Conference in Los Angeles tell us a lot about where institutional capital is right on the money – and where it is putting its head in the sand. And while the event retains the extraordinary intellectual and financial firepower that has always been its signature, something has shifted. The absences are as instructive as what's on the program.

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