QAR proposals put more responsibility on trustees
The changes proposed by the Quality of Advice Review (QAR) are aimed at providing funds with more clarity on what they can advise their members on but also increasing responsibility on trustees.
The changes proposed by the Quality of Advice Review (QAR) are aimed at providing funds with more clarity on what they can advise their members on but also increasing responsibility on trustees.
With the Retirement Income Covenant in effect, super funds continue to evolve their retirement income strategies and products as well as develop tools to educate and engage members.
Investors need a diversified asset portfolios in volatile global markets as central banks continue to tighten monetary policy to quell inflation.
The $150 billion Aware Super is planning to step up its process of bringing more of its investments in house according to chief investment officer Damian Graham.
Portfolio diversification and interest rate hedging is driving growth in the private credit by institutional investors, including super funds.
Alternative risk premia strategies may be part of the answer for asset owners looking for return in volatile markets according to experts.
With volatility a strong theme of markets and economies over 2022, some investors have de-risked their portfolios and lost their stomach for riskier emerging markets investments but Alex Khosla, emerging markets and Asia equities portfolio manager at sustainable investment manager Newton Investment Management, argues emerging markets still offer value if you know how to find it.
Real assets embedded in listed companies are providing opportunities for alternative asset managers seeking to capitalise on the dislocation and volatility in listed markets.
The $75 billion construction industry super fund Cbus is looking to step up its investments in green energy both in Australia and offshore, according to chief investment officer Kristian Fok as the fund expands its direct investment capabilities to manage more of its investments inhouse.
The global financial services industry has a key role in helping to mitigate biodiversity loss amid growing investor awareness of the major risks such loss imposes on businesses.
Hedging and diversification are critical for portfolios now, but investors must not confuse diversification as a hedging tool, say super fund and asset management strategists.
Fund managers need to construct robust multi-asset portfolios with both defensive hedges and alpha-generating assets as well as stabilising investments that can produce non-correlated returns in the current inflationary environment.