Catholic fund commits to self-administration

The $4 billion, 90,000-member Australian Catholic Superannuation & Retirement Fund (ACSRF) has made a major software purchase which reaffirms its commitment to self-administration.

The ACSRF is understood to be in the midst of implementing Wealth.net, the front-office administration platform produced by Bluedoor, a subsidiary of DST International.

 

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Geopolitical risks rewire asset allocation ‘operating system’: GIC

Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.

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