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.
Perpetual appoints deputy equities head
Fund manager Perpetual has appointed Anthony Aboud as deputy head of equities for Perpetual Asset Management Australia (PAMA). Aboud has more than 23 years’ experience and has been with Perpetual since 2012. He will continue to work closely with Vince Pezzullo, who in November was appointed head of equities, and the broader PAMA team. Perpetual also … Read more
Your Future, Your Super: Time to break the nexus
The flawed YFYS performance test is too complex a problem to solve inside legislation. A better approach would be to transfer it across to APRA. While this takes time, it would ultimately lead to a better performance testing framework.
Clarity on super funds’ role needed to solve group insurance challenge
A panel of experts discuss in a roundtable the role super funds have in providing a safety net that includes insurance and health support, and the challenges this brings to their traditional investment mandate.
CalSTRS’ Ailman on why funds need to go big or go home
The $298 billion California State Teachers’ Retirement System has struggled to find meaningful investment opportunities to protect its portfolio against inflation, highlighting one of the key challenges funds potentially face as they grow.
FNZ and UBS Australia complete platform migration
Global wealth management platform FNZ has migrated UBS Australia onto post-trade processing engine SynOps. In a media releases, UBS said this migration will ensure that more end investors can access a greater variety of investments more efficiently. SynOps is FNZ’s post-trade securities processing engine and is part of FNZ’s Syn product suite which provides real-time trade … Read more
Kyle Brown Wealth Management joins Count
Count Financial has added Kyle Brown Wealth Management to its national advice community. In a media release, Count noted 74 new advisers have joined the network in 2022. Kyle Brown Wealth Management was formed out of a larger Hobart-based firm in 2017. Brown, the subject of a recent Professional Planner profile, was driven by a passion … Read more
