Politics trumps profit motivations for investors: Bridgewater co-CIO

Bridgewater Associates co-chief investment officer Greg Jensen said government policy has steadily increased in influence over the economy and portfolio construction over the past 20 years and now outstrips the importance of private sector incentives. The pace of deglobalisation is a key trend for institutional investors to keep abreast of, he says, as the US races towards another presidential election cycle.

‘Hold us to account,’ insurers tell super funds as life code changes hands

The Council of Australian Life Insurers will take over responsibility for the Life Insurance Code of Conduct from the Financial Services Council on Friday and says stakeholders, including super trustees, should hold insurance partners to their commitments under the code.