Coal bucks trend with focus on income
Mark Walker, CIO of the UK’s £21 billion ($27 billion) Coal Pension Trustees (CPT), is building a strategy markedly different from what most UK defined-benefit funds do.
ESG strategy goes beyond fossil-fuel screens
Investors that want to position themselves well for climate-change risk need to act on holistic appraisals. Simple exclusions won’t cut it.
Conexus Financial expands retail, institutional teams
Conexus Financial, the publisher of Investment Magazine is adding five new staff members across its sales and editorial divisions.
UK pensions expert condemns CIPR stagnation
Australia’s super funds and government are failing to look after workers’ retirement experience, professor David Blake argues.
MLC launches wealth assault, cuts admin fees
MLC Wealth, the advice and wealth management business carved out of NAB, will make significant cuts to fees on its investment platforms.
Octopus, Edify source $450m for local solar plant
Edify Energy has teamed with a UK investor to fund a solar plant, a sign of growing Australian appetite for renewables
Pension expert urges caution with best-in-show plan
The proposal should boost returns for some but could fall prey to industry lobbyists and risks creating “diseconomies of scale”.
PC report pushes unproven claims: Rice Warner
The PC’s recommendations for super part company with the commission’s own evidence, actuary Rice Warner argues in a new client note.
Communicating risk is ‘industry’s biggest challenge’: MLC
MLC CIO Jonathan Armitage, a Conexus Financial Superannuation Awards nominee for CIO of the Year, talks adjusting to volatility.
Operations teams need more skills, larger role, IFM COO says
Investment operations is so different that a team with a much broader set of talents is necessary to handle the increased complexity.
State Super unveils new look investment team
The $43 billion fund appoints Gary Gabriel CIO and Charles Wu general manager, defined contributions, and deputy CIO.
Fink backs employers on super as ASIC’s doubts emerge
BlackRock CEO Laurence Fink has called on companies to lead the way on retirement.
