Operations

Investment Operations

QIC warns against herd behaviour in currency hedging

The Australian dollar plunged 1,450 basis points between January and March before rallying 900 basis points. Asset owners were caught off guard, says Stuart Simmons.

Elizabeth FryMay 25, 2020

Administration

Qantas Super juggles stand-down dilemma

Qantas Super CEO Michael Clancy says the term stand-down is not in the fund’s trust deed and he is working closely with the airline to figure out what it means for super.

Elizabeth FryMay 13, 2020

Operations

Fees under heavy scrutiny following Covid-19

Price competition in superannuation is still weak due to the lack of transparency on fees and total costs, the narrow shortlists often used in manager selection and the tendency to leave fee negotiation until too late.

Frithjof van ZypMay 11, 2020

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

Operations

The coronavirus exposes hidden structural risks

Legal and structural risks as well as “mark to market valuations” and liquidity mismatches are just some of the issues emanating from the crisis.

Alex WiseApril 27, 2020

Operations

Hostplus stockpiles cash ahead of outflows

Chief executive David Elia said the $50 billion fund had largely stopped deploying cash until the full impact of the early provisions release scheme was known.

Sarah JonesApril 9, 2020

Operations

Super fund cohorts seen as systemic risk

The federal government has identified membership cohorts within industry funds as a new systemic risk for Australia’s $3 trillion superannuation industry.

Sarah JonesApril 1, 2020

Operations

HESTA’s investment overhaul

Sonya Sawtell-Rickson is half way through her three-year plan to restructure the fund's investment function. She's buying more private assets, kicked off internalisation plans and sold equities ahead of the market rout.

Sarah JonesMarch 4, 2020

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