FSC conference diners leave big charitable tip

Proving that the financial services industry indeed has a heart, delegates kicked in more than $240,000 for charity at last Thursday’s Financial Services Council (FSC) Industry Excellence Awards Dinner.

The FSC’s two community partners, the Inspire Foundation and the Schizophrenia Research Institute, will benefit from the money raised via individual and corporate pledges, and a raffle.

At the same dinner, the Industry Excellence Awards recognised the value added to the financial services industry.

According to Brogden, these “outstanding individuals are acknowledged for exceptional achievement on projects that greatly assist the industry and its underlying investors, for contributions to debate and for the formulation of industry positions and principles in a substantive and significant manner”.

The winners of the 2010 Industry Excellence Awards were:

Nigel McCammon, Colonial First State, general manager, client services

Megan Beer, head of finance, insurance, MLC Limited

Jeremy Duffield, Vanguard Investments Australia Limited, chairman & managing director Asia-Pacific

 

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Mercer Super expands into frontier market debt, builds out PE program

The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.

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