David Rowley and Dan Purves
The fourth annual Investment Magazine CIO Sentiment Survey created by Casey Quirk and run in conjunction with Top1000funds.com has gained the feedback of 29 chief investment officers and heads of investment locally. This industry-leading insight into the working practices of the largest funds in Australia is part of a global survey of institutional investors. Superannuation […]
A compulsory best practice code of conduct for not-for-profit funds will be developed by April 30, 2016, following a review of governance by the former RBA Governor and Treasury Secretary. The Australian Institute of Superannuation Trustees (AIST) and Industry Super Australia (ISA) agreed to undertake a comprehensive review of not-for-profit fund governance as part of […]
The biggest disruption to superannuation and its associated industries comes not from innovative technology companies, but from the government, according to JANA. Speaking at the Investment Management Consultants Association (IMCA) annual conference, John Coombe, executive director of JANA, said it doesn’t matter how it is looked at, the superannuation industry only exists because it was […]
Funds experienced a higher than usual number of members switching out of growth assets in the market turmoil of the past few weeks, but nowhere near as high as the switching levels of 2008. Better communications have been attributed for the lower levels of switching as US markets experienced one of their largest ever one […]