Towers Watson hires two investment consultants

Towers Watson’s investment consulting business has hired two analysts following eight similar hirings last year.

James Morris and Viduranga Weerasuria will client consult for a business that now has more than 700 associates and about $2 trillion in assets under advice globally.

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AustralianSuper’s call for leverage is bold but unnecessary

AustralianSuper's chief liquidity officer Chandu Bhindi has publicly proposed the idea of allowing some super funds to directly use leverage, enabling them to better manage liquidity requirements in crisis situations rather than being forced to sell assets at stressed prices. While the idea has some merits, overall it is not necessary and could increase system risk.

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