In episode 63, Alex Proimos speaks with Michael E. Drew, chief investment officer, of MGD Private and professor of finance at Griffith University
The outgoing Media Super chair, Labor stalwart, staunch industry fund advocate and one-time Australian Financial Review editor says we should put the current pace of industry change into perspective. Despite a raft of ongoing debate, crises and reform, the upheaval needed to get super off the ground was a much bigger struggle.
The key to addressing complexity and subjectivity in my experience is through good engagement. For engagement to work there needs to be a level of trust. Trusting can be difficult when significant agency issues exist.
Each of the three countries ranked above Australia in the Mercer CFA Institute Global Pension index – The Netherlands, Denmark and Israel – have contribution rates into their funded pension arrangements of 12 per cent or higher.
In episode 62, Alex Proimos speaks Michael Cross, global head of sovereign and public funds at HSBC Global Asset Management.
The shift of policy influence in recent years from Treasury to the ministers’ offices has likely contributed to the design of government’s new performance measurement which has been panned by experts.
The superannuation industry’s ability to build member trust and engagement will rest upon its ability to harness data and use it to enhance the retirement outcomes of members, a panel has heard.
To say that the financial well-being of hundreds of millions of people around the globe rests on the performance of the tens of trillions of dollars held in funds with long-term investment horizons is not hyperbole.
Complexity is everywhere. And nowhere is its forward march more evident than in the field of investing. Seemingly unabated, the complexity of new products, processes, financial engineering and innovation grows.
Investment governance tries to codify how to put safeguards around managing other people’s money, Michael Drew and Adam Walk say in their new book.
How do we as fiduciaries approach investment governance? That question is more important than ever.
There is a lot of talk about how regulatory reforms connected to climate change will impact financial markets. However, we firmly believe the leading issue, at the end of the day, is that we have been entrusted to look after our clients’ assets and are responsible for returning those assets in better condition than when we received them.
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Updates on the latest industry policy developments and regulation
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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.
