ASIC places interim stop order on Vasco fund
ASIC has placed an interim stop order on Vasco Responsible Entity Services, stopping it from offering or distributing the Pivotal Diversified Fund to retail investors.
Private debt is pivotal to QIC state investment portfolio: Hill
Private debt is an important part of Queensland Investment Corporation’s $60 billion state investment portfolio as yields are attractive and capital adequacy rules restrict bank liquidity.
Super funds gear up for retirement with education campaigns, new products
The superannuation industry is gearing up to help members shift to retirement with mass education campaigns and new products ahead of results of a joint APRA and ASIC review of funds’ retirement strategies.
Could the heat of the spotlight destroy superannuation’s social licence?
The government is unhappy with the quality of member service currently provided by the superannuation industry and demanding funds do better.
New downsizer contribution rules commence
The eligibility age for people to make downsizer contributions to their superannuation has officially expanded to include those aged 55.
Investment industry needs to rethink strategy: Future Fund CEO
Future Fund chief executive Raphael Arndt has called on the investment industry in Australia to have a rethink of its strategy, given major structural changes in the global economy now underway.
Volatility, decarbonisation, China re-opening to shape 2023
Continued market volatility, rising interest rates, the energy transition and the re-opening of China are likely to shape investment decisions in 2023.
Positive stock and bond correlation will make portfolios more volatile
In a positive stock-bond correlation world, balanced portfolios will be more volatile without the “natural hedge that bonds provide to stocks in a negative correlation world. Nevertheless, diversification will remain a powerful tool to protect portfolios, according to Noah Weisberger, managing director in the institutional advisory & solutions group at PGIM.
Diversa Trustees fined for Cruelty Free Super greenwashing
Diversa Trustees has paid a $13,320 fine for alleged greenwashing after ASIC issued an infringement notice.
Merger activity, salary survey rated: The top 10 stories of the year
Fund consolidation and post merger stories were among Investment Magazine’s most read in 2022 amid the continuing wave of super fund mergers. While the annual super fund salary survey continues to draw readers as remuneration information is valued for peer benchmarking and retention.
Finance sector has key role in climate transition
The finance sector is a significant part of the solution needed to ensure a strong, thriving and sustainable economy.
How CPP Investments will grow into a C$1 trillion fund
Canada’s CPP Investment is designing a structure and strategy to support it reaching C$1 trillion by 2030.
