First State Super has grown rapidly in a short space of time. Only a few years ago it was less than $20 billion and now is well over $50 billion as a function of a significant merger with Health Super. Richard Brandweiner, chief investment officer, says the competitive advantages, the capabilities and the challenges are … Read more
Assistant treasurer Josh Frydenberg wants an income replacement bracket to be part of the debate in setting an agreed objective around superannuation. This is part of a broader retirement income policy examination the government is undertaking. The “Holy Grail of reform” is the interaction between taxation, superannuation and pension, Frydenberg told delegates at the Financial … Read more
An inability to take swift and effective action against the managers and executives of businesses that offer financial planing, including super funds, remains a gap in the corporate regulator’s armoury that it wants to fill, according to ASIC commissioner Peter Kell. Speaking at an Association of Superannuation Funds of Australia (ASFA) conference on Tuesday, Kell … Read more
Low fees have little correlation with fund performance or retirement outcomes, according to research conducted by SuperRatings. This research stands in opposition to the Grattan Institute which called on the government to run a tender on default funds, as they claim there is little evidence that funds that charge higher fees provide better member services. … Read more
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
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.
