BRICS alternative to US dollar a risk for insto investors

China’s clash with the US creates a slew of currency, geopolitical, climate and military risks for Australia, says Vikram Mansharamani. In an interview on the sidelines of the Portfolio Construction Forum Strategies conference in Sydney, the analyst and Harvard lecturer says institutional investors can’t just ignore them.

Albanese says nation-building consistent with super’s purpose

In an exclusive interview with Investment Magazine, Prime Minister Anthony Albanese says superannuation is an “extraordinary national asset” that should play a critical role in supporting long-term social infrastructure. The government’s proposed purpose of super would preserve retirement savings from raids, he says, while allowing capital to be deployed to national priorities.

Financial services leaders urged to back the Voice

Prime Minister Anthony Albanese has called on industry leaders to honour the business community’s “proud history” of support for reconciliation with First Australians, encouraging them to back the referendum to establish an Indigenous Voice to Parliament. It comes as Conexus Financial throws its support behind the ‘Yes23’ campaign.

ART hits $260b AUM on completion of Woolies deal

Australian Retirement Trust has completed a successor fund transfer with Woolworths Group and Endeavour Group, and flagged that more transactions are to come. The deal takes ART’s total pool of assets to more than $260 billion.