Five super funds and ACSI are leading the charge in the Mother’s Day Classic Boardroom Challenge, with 12 days left to go before the race. The challenge calls on captains of industry to lead the way with fundraising for breast cancer research, and in a sector where competition to bring good to others is daily … Read more
A who’s who of industry association chief executives and leading regulators are to present the trophies at the Conexus Financial Superannuation Awards 2015 in four weeks’ time. The awards, held at the Ivy in Sydney, at a special black tie event at 6.30pm on May 20, will recognise the best large, medium and small superannuation … Read more
VicSuper is about to launch a scientific, analysis-driven approach to enhance its dynamic asset allocation. The project, which has been one year in the making, is pooling sources of information on its investment holdings into a data warehouse. It will use this superior information on the risks and opportunities it faces, to help better inform … Read more
UniSuper has appointed BNP Paribas Securities Services as master custodian. The appointment comes after an “extensive” tender and review process to find a custodian that could meet UniSuper’s evolving custody needs, which included supporting the expanding inhouse investment management activities, regulatory requirements, global scale and technological advancement. In a statement UniSuper’s head of portfolio analysis … Read more
It has been morbidly quipped that ‘post-retirement’ refers to the dead, as that is what lies next for retirees. Of course, what post-retirement really refers to is the time after someone switches their income from a salary to a financial service product, typically in the form of a pension or drawing down a lump sum. … Read more
AustralianSuper is rapidly redefining the limits of what a large Australian institutional fund can be. Projected to double its $84 billion size in four to five years’ time, it is turning itself increasingly into a self-sufficient investor. While many in the industry might marvel or be shocked at each step of its evolution – both … Read more
A report from the Grattan Institute calling for a tender process to select default funds has been greeted positively by Industry Super Australia (ISA) and by the Financial Services Council (FSC), but for different reasons. The FSC saw it as vindication of its claims against the Fair Work Commission (FWC) selection process for default awards, which … Read more
Engineered equities will be a key offering from Northern Trust’s newly announced asset management sales and client service team office based in Melbourne. Such offerings will be factor driven with custom benchmarked design and implementation. Steve Potter, president of Northern Trust Asset Management, said the team will assess a fund’s portfolio to find where unintended … Read more
Hundreds of millions of dollars have flowed into Maritime Super’s managed volatility process (MVP) since launch nine months ago. The overlay, which uses the shorting of futures options as insurance against falls in the value of equities, has been communicated to members with the words “don’t jump ship”. It provides members with the opportunity to … Read more
Is the debate around independent directors joining industry funds losing its sizzle? Back in November 2013, when the then assistant treasurer Arthur Sinodinos said he would tackle the issue, credence was given to the hysterical idea that the Coalition Government would seek to impose a majority of independent trustees onto industry funds. Since then the … Read more
Governance is at the top of Assistant Treasurer Josh Frydenberg’s agenda for superannuation. Speaking at the Financial Services Council (FSC) breakfast briefing in Sydney he said the Government believes the way to do this is by making sure there is an “appropriate number of independent directors” on superannuation fund boards arguing that this will help … Read more
Scott Hartley has called on profit-for-member funds to work as a collective to match the investment made by banks in new technology. At an AIST lunch in Sydney, the Sunsuper chief executive said if funds could keep adding services while maintaining or reducing fees, then banks would be deterred from competing. Such collective action would … 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.
