People Moves
Future Fund promotes Raphael Arndt to CEO
Arndt will take over the helm of the $205 billion sovereign wealth fund in July after a three-month global search for a candidate.
Sarah JonesMay 7, 2020
Sarah Jones
Sarah Jones is the deputy editor of Investment Magazine. She previously worked for Bloomberg News in London for more than 12 years covering equity markets and global asset management. Prior to moving to the UK, she worked for Australian Associated Press in Sydney covering economics and monetary policy.
Operations
COVID-19 triggers new merger talks
Several new potential mergers have emerged since the outbreak of the coronavirus after market turmoil placed further pressure on super funds.
Sarah JonesMay 1, 2020
Investment Strategy
More pain ahead as funds write down assets
Since the outbreak of the coronavirus first roiled markets, the value of infrastructure and property assets have been cut by just 5 to 10 per cent. The industry says there is more to come.
Sarah JonesApril 22, 2020
Policy and Regulation
RBA warns some super funds could shrink 25%
Governor Philip Lowe has warned of "quite large" redemptions for some funds from the government's early release provisions, but rules out a liquidity backstop, at least for now.
Sarah JonesApril 21, 2020
Retirement Conference 2020
Amundi dusts off crisis playbook
Raphael Sobotka, global head of retirement solutions at the $2.8 trillion global asset manager, said his team had not experienced any net redemptions since the outbreak of the coronavirus roiled financial markets.
Sarah JonesApril 21, 2020
Investment Strategy
Industry funds eye Hostplus assets
Some of Australia’s biggest super funds are said to be preparing to step in and snap up assets owned by Hostplus, helping the beleaguered industry fund address any liquidity issues.
Sarah JonesApril 20, 2020
Policy and Regulation
Members rush to claim early super
More than 700,000 Australians have registered to tap their retirement savings early, according to Assistant Minister for Superannuation Jane Hume. A jump of more than 100,000 in less than a week.
Sarah JonesApril 16, 2020
Investment Strategy
First State prepares for bargain buying
Investment chief Damian Graham said that with the fund’s liquidity buffers intact, his team were now getting ready to snap up cheap assets as they come to market over the next 12 months.
Sarah JonesApril 15, 2020