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
UniSuper is to launch a comprehensive income product for retirement within two years that will give members the flexibility to dial up or down income. The flexibility recognises the changing needs of members in retirement, a freedom it will also extend to the accumulation phase by offering the flexibility to members to exchange some of … Read more
Up to 2.5 million people who are paying premiums for group insurance offered through superannuation need to examine their eligibility, as differences between super funds’ policies could mean they have reduced cover, or even none at all. Investment Magazine investigates. For the vast majority, group insurance is working well, providing cover to a nation that has historically been … Read more
The very best legislation often comes about after there is a crisis, an independent investigation with recommendations that turn into laws that cut the chance of the original crisis occurring again. The lack of credibility for the proposed superannuation governance changes, which were defeated in the Senate last week, arose from the absence of a … Read more
The three big trends leading to an increase in investors switching their custodians over the past two years are more competitive prices, greater service provisions and the funds’ greater allocations to overseas investments. This is according to Drew Vaughan, owner of Dymond, Foulds & Vaughan, who will be chairing a session on custodians at the … Read more
With 16 years’ experience Steve Merlicek is the longest serving chief investment officer in Australia; and after spending six of those years at IOOF he is seeing a fine run of performance. When Steve Merlicek arrived at IOOF in 2009 the then United Capital Growth fund was bottom or close to bottom of most performance surveys. He was … Read more
Concerned for a fairer superannuation system based on realistic expectations of what the system can deliver, Tom Garcia, chief executive of the Australian Institute of Superannuation Trustees says rebalancing tax concessions must primarily improve the retirement outlook for low- to middle-income earners. There has been a welcome shift in the tenor of the debate about superannuation tax reform. Super … 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.
