What books do chief investment officers read to give them an edge? Earlier in the year we asked Mark Delaney, chief investment officer of AustralianSuper, and Matt Whineray, chief investment officer of NZ Super, to recommend recent books that had changed the way they think about investing. For good measure, Investment Magazine’s personal choice goes … Read more
Kinetic Super and Equip have both announced fee reductions as an early Christmas present to their members. At Equip, a combination of the end of a 0.08 per cent levy to build fund reserves and investment cost efficiencies of 0.07 bps led to a MySuper member with a $50,000 balance seeing their annual fees drop … Read more
My friend David Adiseshan died eight weeks ago. His death has impacted me deeply, and I wanted to share some thoughts on his life with people in the industry. Our lives had intertwined for two decades and his loss for both the industry, and myself, is great. I first met David in his fancy Governor … Read more
When we quizzed a group of leading figures and funds to pick their biggest causes for celebration in 2015, the special outcomes from the growing scale and sophistication of the very largest superannuation funds stood out. Where the industry has pulled together on investment fees and product innovation there have been further triumphs. The triumphs … Read more
Clients of IFM Investors are to gain access to attractively priced active large-cap equities from mid-2016, after the industry fund-owned fund manager poached a nine-strong active equity team from AMP Capital. Australian long-only active equity, Australian long-short equity and Asian long-short market neutral capabilities will bring IFM closer to a full-service equity offering. Brett Himbury, … Read more
Australian Ethical is to divest from companies that supply gas, as it believes improvements in renewable energy technology are making low-carbon energy sources unnecessary. The $1.3 billion fund has never invested in coal or oil, and led the move to divest from coal seam gas in 2011. However, it has long invested in domestic companies … Read more
The Paris climate agreement has been hailed for recognising the role institutional investors will play in meeting new carbon emission targets and keeping climate change below 2 degrees of warming. Fiona Reynolds, managing director of the Principles for Responsible Investment (PRI), described the agreement between nearly 200 governments around the world as the turning point … Read more
The harms done by high frequency traders are outweighed by the benefits of historically low trading costs, a CFA Institute study has shown. Dr Svi Rosov, an analyst in the capital markets policy group at the CFA Institute, analysed trading and quote data from 150 large- and small-cap stocks from the US, UK and France … Read more
BT Financial Group is changing its reputation as the provider of a retail fund that is overly fee-conscious and vanilla in asset allocation. Under the direction of chief investment officer, Patrick Farrell, the group – which manages $27 billion of super and adviser-directed personal investments – has increased the size of its investment team to … Read more
The fourth annual Investment Magazine CIO Sentiment Survey created by Casey Quirk and run in conjunction with Top1000funds.com has gained the feedback of 29 chief investment officers and heads of investment locally. This industry-leading insight into the working practices of the largest funds in Australia is part of a global survey of institutional investors. Superannuation … Read more
Fintech venture capital is being used by First State Super to manage risk towards its large exposure to traditional financial services. Australian superannuation has a significant concentration to financial services through its exposure to big banks and other financial institutions – an area that is a likely target for disruptive business models given the size … Read more
LGS Super’s high carbon negative screen has resulted in a 16 basis point positive impact on the fund for the year, while only taking 8 basis points of tracking error. The screen was put in place a year ago to reduce the $8.9 billion fund’s exposure to companies whose carbon operations exceeded 33 per cent, … Read more
The investment intelligence behind Australia’s largest asset owners and their teams
In-depth interviews with leaders, experts and visionaries in the institutional investment community
Updates on the latest industry policy developments and regulation
The challenges and innovations of custody, technology and operational due diligence
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.
