QSuper concentrates in US and Aussie bonds
Low interest rates have failed to jump start economies, with QSuper avoiding bonds in those countries which have dipped into negative rates
Local Government Super appoints new board director
LGS has appointed Gordon Brock to the board of directors, effective September 1, 2016
Future Fund looks to venture in private markets for growth
The Future Fund is looking to venture and early-stage opportunities in its private equity markets for growth
Unanimous approval for new ASFA CEO
The consultative approach of Dr Martin Fahy led the ASFA board to unanimously approve him as their new chief executive
Energy Super appoints MLC as income protection insurer
MLC Life Insurance is the current incumbent insurer for its default Group Life and TPD plan, as well as its long term IP offering
QSuper reallocates risk budget away from equities
QSuper’s move away from the efficient frontier has seen its risk budget allocation to equities drop from 90 per cent to only 60 per cent
StatePlus uses fundamental research for tech risk in beta
StatePlus is using fundamental active manager research to understand risk from technological disruption to holdings in it beta portfolios
HESTA and CFS search for concentrated mandates abroad
Both are allocating more of their risk budget to concentrated mandates in international equities because of domestic capacity constraints
Telstra Super concerned low rates will lead to explosion
Groupthink around the low interest rate environment being the “new normal” could lead to compression and then an explosion
Cbus’ board approves plan to insource 20 per cent
As much as 20 per cent of Cbus’ assets will be managed inhouse following the board’s approval of a new investment strategy last week
Sunsuper saves $36 million with TPD Assist
Sunsuper has saved the equivalent of $36 million per year through a reduction in its premiums thanks to a redesign of its TPD insurance
