TEG transitions to enlightened, risky business

One of TEG’s current projects is to advise on the merger of Vision Super and Equipsuper, through the provision of a strategic project office. “The focus is on what can go wrong and what is being done to mitigate these matters,” Sheehan said. A risk management matrix detailing the risks, the rating of the risks and the relevant mitigation strategies has been produced as part of the project work. Nixon is currently working inside the two super funds on a daily basis. TEG has completed three major projects in the past two years. They were a funds management viability study and a strategic growth plan for the Global Pensions Group, and a directional strategic report for Trust Capital. Global Pensions Group and Trust Capital involve continuing work, alongside the current super fund merger project. Barry Sheehan is one of the keynote speakers at the Fiduciary Investors Symposium to be held in Manly, May 15-17. His topic is: “Energising your team to outperform. The importance of culture, authentic engagement, focus and discipline.” For the full program and other details go to: www.fiduciaryinvestors. com or phone Teik Heng Tan, director of conferences, on +61 2 9221 1114.

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ART CIO says balance sheet management will reshape super investing

Ian Patrick, chief investment officer of the $370 billion Australian Retirement Trust, says that integrated balance sheet management will “beyond a shadow of a doubt” become a more prominent feature in the superannuation industry as funds grapple with the compounding effects of their growing size, systemic importance and the liquidity needs of servicing a larger cohort of retirees.

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