Sam Sicilia, chief investment officer of HOSTPLUS, has called for a revamp in the way balanced funds classify defensive and growth assets, after the fund’s definitions were called into question in a PwC report. Sicilia said the definitions should be updated to account for the contemporary asset allocations where many funds allocate to unlisted assets. … Read more
Maree O’Halloran was awarded the 2015 AIST trustee of the year award along with Bob Henricks of Energy Super. She stepped down from the HESTA board on June 30 after she left her role as director of the Welfare Right Centre, NSW, which is affiliated to Australian Council of Social Service (ACOSS) a nominating employer for the HESTA … Read more
Investors and academics agree that political developments in Greece are important because they may shape how financial markets will respond to future political situations in the Eurozone. But according to Olivier Rousseau, the executive director of the FFR, the French pension reserve fund, there is more hype outside of the Eurozone on the implications of … Read more
HOSTPLUS is to allow other super funds and self-managed super funds (SMSFs) to invest in its recently launched IFM – Australian Infrastructure option. The $18 billion superfund has recently transitioned to a pooled superannuation trust (PTS) structure which will allow others to invest in its direct investment option (DIO) platform. David Elia, chief executive at … Read more
Remember the Pony Express? It linked the American West, town by town, horse by horse. Well, the Pony Express went bust on 26 October 1861, just two days after the telegraph opened up U.S. communications from coast to coast. Speaking to a group of Australian superannuation representatives in New York last month, Brett King – … Read more
John Pearce has taken the brave step of revealing the investments he got wrong over the last year in his role as chief investment of UniSuper. The fund has an overweight bet on many high yielding Australian shares and while this paid off for Telstra and ASX it has produced an 18 per cent loss … Read more
QSuper chief executive officer Rosemary Vilgan has announced she will resign from her role after 18 years at the helm. Vilgan, who will spend her last day in the office on October 23, has spent the past few years on an evangelical push to get QSuper members moved into investment cohorts reflective of their relative … Read more
IOOF’s chief executive Chris Kelaher has confirmed the company did not lodge ASIC breach reports for a number of issues, despite evidence of misconduct inside its research division. Kelaher fronted the Senate Economics References Committee in Macquarie Street, Sydney yesterday, facing stiff questioning about his knowledge of alleged misconduct within its research division. The Senate … Read more
AvSuper has extended its financial personal advice service to provide a full in-house financial planning service to members. The $2 billion fund appointed three fully qualified and licensed financial planners last month to serve its 6,500 members in air services (including pilots, air traffic controllers and those working in the airside fire service). They are … Read more
AustralianSuper has negotiated with its insurer to allow members early access to life insurance benefits, in addition to their super balance, in cases where they have less than 24 months to live. The fund’s decision follows recent government changes to regulations, which enable individuals certified to have a terminal medical condition, by two medical practitioners, … Read more
Kate Misic, head of alternatives at Telstra Super, manages 7 per cent of the fund’s assets in private markets and hedge funds. She talks to Investment Magazine about her approach to each asset class. Telstra’s allocation to hedge funds, private equity and private debt eats up a large part of the $17 billion fund’s fee budget, but it is justified … 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.
