AustralianSuper, HESTA sign on to ACSI code
The pair are the first two funds to sign the newly launched Australian Asset Owner Stewardship Code. Hostplus plans to sign on as well.
Younger members demand ethical investments in super
Younger and ethically aware members are leading the charge for more transparency in their funds, Energy Super boss Robyn Petrou says.
TCorp pulls trigger on investment team reorganisation
TCorp has reorganised its investment team, including the centralisation of portfolio construction and manager selection.
Finance students run real share portfolio
Sydney University business school is now replicating a real-world investment management firm on campus. Profits help pay for scholarships.
Large Australian super funds step into direct lending
First State is one of a handful of local funds filling a void the banks are leaving behind. The fund’s Ross Pritchard discusses the trend.
Chair’s Seat: George Fishlock, AvSuper
George Fishlock will step down as chair of the $2.3 billion aviation industry fund AvSuper next year. He explains why the time is right.
Actuary says super needs to focus on longevity protection
David Orford says Australia has a lump-sum mindset toward retirement income and he’s on a mission to change that.
Rise in super guarantee essential for women, advocates say
The savings of female workers will suffer greatly if the increase to the super guarantee is scuttled, Women in Super’s Sandra Buckley says.
Half Australia’s super funds will vanish in 10 years: KPMG
The number of super funds will fall from 238 now to 108 in a decade, as entities merge or diversify, KPMG’s Super Insights Report states.
Finance isn’t evil but incentives can be
Incentive schemes are at the heart of problems in finance and need an overhaul, says Mihir Desai of Harvard.
Lessons for all in APRA report on CBA’s culture
Following APRA’s report of CBA misconduct, institutional investors must be wary of the cultural shortcomings of companies they invest in.
Bigger & Better: High-performing HESTA makes changes
HESTA has generated an 8.8 per cent return over 30 years. Now it’s reinventing itself to leverage the rapid growth that lies ahead of it.
