CFS CIO spies opportunity in unlisted asset ‘valuation discrepancies’

Colonial First State CIO Jonathan Armitage

Amid heightened regulatory and media focus on the valuations of unlisted assets, Colonial First State investment chief Jonathan Armitage says being underweight real estate and infrastructure is now a competitive advantage.

APRA governance edict backs ESG principles: UN PRI

The United Nations Principles for Responsible Investment body is reading APRA’s finalised investment governance guidance as an endorsement of a portfolio construction approach that bakes in sustainable and social impact objectives.

Industry and regulators get to grips with scale of the retirement income challenge

The joint thematic review by APRA and ASIC highlights how the challenges associated with implementing the Retirement Income Covenant are being felt by all parts of the retirement ecosystem. But given the regime is just one year old, it would be dangerous to jump to early conclusions.

QAR intra-fund advice proposals to boost female members’ balances

Super funds that step in to offer more financial advice to members after the Quality of Advice Review are contemplating whether the new product offering could help to narrow the superannuation balance gap among male and female members. NGS Super CEO Natalie Previtera says young women could be the big winners.

MLC Life appoints head of group pricing

MLC Life Insurance has appointed Brett Pickett as head of group pricing with a focus on securing major partners in the superannuation sphere. Pickett has more than 20 years’ experience in insurance and economics, including as head of TAL’s group risk finance team and most recently leading TAL Australia’s strategic capital and commercial solutions. Brett … Read more

Iress appoints group CFO

Iress has appointed Cameron Williamson as group chief financial officer. His appointment follows a thorough candidate search and evaluation process following the appointment of previous CFO John Harris to the role of CEO of the portfolio division in April. Williamson has over 25 years of experience leading finance operations in Australia and around the world. … Read more

Qualitas makes two senior appointments

Alternative real estate investment manager Qualitas has appointed David Porter and Tom Keenan as head of institutional capital and as head of international wholesale capital, respectively. Porter, who joined Qualitas from BlackRock Australia, has 25 years’’ experience and will build and maintain relationships with institutional clients across Australia and the world, with a focus on … Read more

Australia takes third place in Global Pension Transparency index

Australia was ranked third overall in the latest edition of the landmark transparency measure, lifted by AustralianSuper rocketing up the chart from seventh to third place among individual funds. But while local players ranked well on transparency over governance and performance, their disclosure of responsible investing lags global best practice.