Tension builds between fiduciary duty and APRA’s performance test, say leading investment figures

Investment heads of some of the nation’s biggest funds say the imperative to pass APRA’s new performance test potentially clashes with other key responsibilities like diversification, risk reduction and responsible investing.

Numbers prove the case for internalisation, but it still may not be for every fund

Funds that insource or internalise end up with better outcomes, both on a net and gross value-added basis, based on the empirical evidence of funds representing more than $US11 trillion in assets.

Is China-related risk greater than many investors realise?

Investors are facing a wave of challenges across emerging markets, including re-pricing China-related risks particularly in the area of ESG, and more broadly finding opportunities in markets that the pandemic has impacted in widely disparate ways.

Unregulated retirement tool proposed for ‘middle’ retirees

A low-cost, standardised modelling tool sitting outside the regulatory system would provide guidance to people that retire without access to a financial adviser according to The Conexus Institute’s David Bell and UNSW Business School professor Pamela Hanrahan.

The transformative technologies set to shake up financial services: PGIM’s Hyat

In-house specialists need a higher level of technology education to separate the hype from the investible reality of technological change in the financial services sector, argues the chief operating officer of PGIM.