Invesco appoints multi-asset strategy leader
Fund manager Invesco Australia has appointed Scott Bennett as its director of factor investing and multi-asset strategies, based in Melbourne.
Getting to grips with the Housing Australia Future Fund
The Housing Australia Future Fund is set to create a new asset class in Australia for institutional investors, bringing with it investment opportunities and the chance to help alleviate the housing crisis. But missing fine print and the APRA performance test are leading CIOs to tread carefully.
How HESTA turned UN SDGs into real returns for members
HESTA’s CIO Sonya Sawtell-Rickson says sticking to the Sustainable Development Goals (SDGs) guidelines has actually helped the fund stay ahead of the risk-return curve, rejecting the perspective that institutional investors have to sacrifice returns for sustainable finance objectives.
ART appoints head of investment resilience and planning
Australian Retirement Trust has appointed Jody Fitzgerald as head of investment resilience and planning, in a newly created role.
Change to ‘qualified tax relevant provider’ definition
Advisers who are a relevant provider and a registered tax agent now satisfy the definition of a ‘qualified tax relevant provider’ without having to meet the requirements of Division 3 of Part 3 of the Relevant Providers Determination, according to an update from ASIC.
What the transformation of the labour market means to investors
Ageing populations in the west causing shrinking of the workforce, mismatches in jobs and qualifications, and the rise of new technology is all contributing to the transformation of the labour markets, according to PGIM’s latest megatrends report. Participant: • Jakob Wilhelmus, director at PGIM’s Thematic Research group Moderator: • Julia Newbould, managing editor at Conexus … Read more
What the transformation of the labour market means to investors
Ageing populations in the west causing shrinking of the workforce, mismatches in jobs and qualifications, and the rise of new technology is all contributing to the transformation of the labour markets, according to PGIM’s latest megatrends report. Participant: • Jakob Wilhelmus, director at PGIM’s Thematic Research group Moderator: • Julia Newbould, managing editor at Conexus … Read more
Quinbrook launches carbon footprint reporting platform
Asset manager Quinbrook Infrastructure Partners has launched a digital platform, Quintrace, to help customers trace, audit and report their hourly carbon footprint.
TelstraSuper taken to court over complaints handling
ASIC has sued TelstraSuper over its alleged failure to meet the complaint handling requirements, marking the first case where the corporate watchdog sought to penalise a superannuation fund under the Internal Dispute Resolution (IDR) regime. It comes as regulators and the government heap pressure on funds over member experience.
ACSI’s plan to ‘remain relevant’ as member funds get louder
Individual funds are no longer shy to flex their capital to make a point in the boardroom, as evidenced by AustralianSuper upping its stake in Origin Energy to oppose a proposed takeover. The trend has implications for the role traditionally performed by the Australian Council of Superannuation Investors.
BT’s PPM transition to Mercer successful
Mercer has announced the transition of BT’s Private Portfolio Management business from Westpac Group to Mercer has been successful.
Diversity Council Australia reconfirms MetLife Australia as inclusive employer
Diversity Council Australia has recognised life insurer MetLife Australia as an inclusive employer for the second time.
