As uncomfortable as it may be to admit, super funds have agency risk internally as well as externally. This is one of the contentious topics to be discussed at the second Fiduciary Investors Symposium in Manly next month.

The Symposium, from May 15-17 at the Novotel Manly Pacific, is a residential meeting for investment professionals at super funds and their advisers.

Jack Gray, a director of Brookvine and adjunct professor, finance and economics, at UTS, will lead the agency risk discussion, which was flagged at last year’s event by his UTS colleague, professor Ron Bird. Bird said that trustees as well as fund staff had various biases and different agendas, which should be recognized within the fund.

The discussion will be followed by another, led by Jon Glass, CIO of Media Super, looking at the workings of the modern super fund. Glass asks that if super funds have become “the new balanced fund” are fund staff equipped to manage them in today’s world?

And following the provocative theme, Warren Chant, principal of Chant West research firm, will question the proposal for MySuper and discuss the implications for funds and members.

The Symposium is invitation-only but interested parties can contact the Conexus Financial director of conferences, Teik Heng Tan on: [email protected]. The full program can be viewed at: www.FiduciaryInvestors.com.

 

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