How “safe” is a 4 per cent withdrawal rate?
The notion of a 4 per cent withdrawal rate on investments being “safe”, as identified by US financial adviser William Bengen in 1994, has been debunked by research from Morningstar.
Super funds can restore the financial system’s purpose
Super funds can be part of the solution to a financial industry which has become divorced from its underlying purpose.
Future Fund develops teams to match complex markets
The Future Fund is focusing on building its internal capabilities to better handle increasing complexities in financial markets.
Data at the core of custody
The needs of super funds have evolved, but custodians are yet to fully meet them, particularly in relation to data and analytics.
Growing pay inequality to influence markets
Investors need to better gauge the relationship between macroeconomic income inequality, intracompany wage and company performance.
AustralianSuper increases efficiency by using a single provider
AustralianSuper has moved to clear futures through a single provider as it seeks to improve operational efficiency. Despite massive growth, super funds have not been able to exploit their scale to improve efficiency. This is because of the traditional custody model, which suits fund managers, along with other parties “within the overall food chain”, according … Read more
CIO of the year shortlist released
The shortlist for the chief investment officer of the year has been released in advance of the Conexus Financial Superannuation Awards at Palladium at Crown, Melbourne, on March 3, 2016. Long-term performance (5 years) formed the majority of the weighting, with leadership, contribution to industry, complexity of fund, managing an internal team, ability to run … Read more
Super funds can benefit from “dread risk”
Long term investors stand to gain from fear in markets as fundamentals remain sound report chief investment officers. A common take on the fear which has led to falls of up to 10.5 per cent in US equities and 8 per cent in Australian equities in January, is that investors – particularly retail investors – … Read more
Coal is dead
Renewable energy infrastructure is an immature market and needs an accepted definition of equity risk, according to Jim Barry, global head of Blackrock Infrastructure Investment Group. This lack of a common language means investors need to be very clear on what risk exposure they are looking for and where they “play” in renewable energy. Speaking … Read more
Rob Hogg to leave Frontier to join UniSuper
Rob Hogg, who has been the head of capital markets and asset allocation at Frontier for eight years, is to replace David Schneider at UniSuper. Hogg, who will join UniSuper on March 7, will have the title head of global strategies and quant methods. Schneider who headed UniSuper’s quant team while also providing actuarial skills … Read more
Future Fund’s head of debt and alternatives evangelical about CAIA
The Future Fund’s head of debt and alternatives believes the Chartered Alternative Investment Analyst Association (CAIA) provides an important educational baseline for investment managers wanting a broad portfolio view. David George, who also volunteers as the Australian chapter head of CAIA, said as the Future Fund takes a whole-portfolio view it was important for his … Read more
