Best financial interest duty and draft regulation of line-by-line requirements may be what new minister for financial services Stephen Jones will be looking to reform after announcing that current regulations impose unnecessary costs on funds and their members.
Educating and re-educating stakeholders about the trade-offs involved in defensive investments is a key governance challenge funds face, experts say.
The Your Future Your Super performance test is causing adverse outcomes for impact investing including faith-based funds and climate-aligned investing because of their measurement against a benchmark.
Mark Carney, chair of the Global Financial Alliance for Net Zero, has called on investors to develop skills and tools to properly evaluate the climate risk in asset portfolios.
Pandemics in history have been followed by a few years of celebratory excess, a fixed income expert says, arguing a soft landing after the current monetary tightening cycle is more likely than many predict.
The recently-published State of the Environment 2021 report paints a grim picture of Australia’s environmental record, highlighting the growing risk for investors.
Opportunities are lucrative for investors as traditional infrastructure and utility companies transition towards net zero carbon emissions targets.
Australia’s largest super fund AustralianSuper is among the world’s top 10 funds for transparency of disclosures according to the results from the Global Pension Transparency Benchmark.
HESTA is expanding its internal investment team and working with the right external asset managers to drive its responsible investing and gender diversity agenda according to the fund’s chief investment officer.
The investment returns of super funds are expected to take a hit as appetite to take on performance test risk is diminished due to the Your Future, Your Super performance test according to research by the Conexus Institute.
Cbus and Aware Super executives told Investment Magazine’s Fiduciary Investors Symposium they would consider purchasing fund managers if the price and governance were right. Meredith Booth reports.
Anecdotal evidence is emerging the stapling element of the Your Future, Your Super reforms is failing to eliminate the unintentional creation of multiple accounts. There is an opportunity for government to do more on this issue by expanding the scope of the YFYS review, writes David Bell.
The investment intelligence behind Australia’s largest asset owners and their teams
In-depth interviews with leaders, experts and visionaries in the institutional investment community
Updates on the latest industry policy developments and regulation
The challenges and innovations of custody, technology and operational due diligence
Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
