Gerard Noonan: minding the media

For as long as there has been the Superannuation Guarantee, Gerard Noonan has been involved with guiding the superannuation returns of his fellow journalists and media workers. The former editor of the Australian Financial Review traces his involvement in superannuation back to the beginnings of the old JUST scheme – the Journalists Union Superannuation Scheme … Read more

Where standard risk
approaches fail

Towers Watson is recommending better, broader ways of measuring and monitoring risk, and uses the concept of the “irreversibility of time” to illustrate where standard approaches to risk and return can fall down. Martin Goss, senior investment consultant with Towers Watson and a member of the Thinking Ahead Group, said that investment is “about an … Read more

Does growth mean volatility
or just growth?

When Mercer released its global pension index in October, there was a vigorous discussion about the fact that Australia was “marked down” as a result of having a higher percentage of its superannuation assets allocated to growth. In fact, the nation’s growth assets were rated at between 71 and 80 per cent – the highest … Read more

Reynolds named managing director of UNPRI

After 17 years with CMSF, the last five as chief executive of the Australian Institute of Superannuation Trustees, Fiona Reynolds will leave the organisation in January. She is moving to London to take up a new position as managing director of the United Nations Principles for Responsible Investment in February. James Gifford will remain executive … Read more

Reynolds named managing director of UNPRI

After 17 years with CMSF, the last five as chief executive of the Australian Institute of Superannuation Trustees, Fiona Reynolds will leave the organisation in January. She is moving to London to take up a new position as managing director of the United Nations Principles for Responsible Investment in February. James Gifford will remain executive … Read more

Castlereagh and Son

Just when the play money was starting to run low, Castlereagh has cottoned on to one of the most brilliant investment managers he has ever known. The timing is perfect. My useless son has just finished his year-12 exams and after forking out hundreds of thousands for that Old School Tie over the years, I … Read more

Seats filling across town

Citibank has appointed former Australian senator and minister for superannuation, Nick Sherry, to its securities and fund services, part of the Citi transaction services division. Sherry will be based in Australia and will have a regional role supporting Citi’s pension fund clients in the Asia Pacific region. Sherry was previously chair of the senate committee … Read more

European private debt lures investors

As the likelihood that the eurozone will collapse recedes, Australian institutional investors are becoming increasingly interested in private European debt markets, according to the Intermediate Capital Group (ICG). The FTSE 250-listed ICG provides debt and credit to the private markets with a focus on mezzanine debt. The firm, which has assets under management of around … Read more

BT, Franklin Templeton launch new funds

BT Investment Management has launched an emerging markets fund that will be managed by its UK unit, JO Hambro Capital Management. The BT Global Emerging Markets Opportunity Fund is an actively managed portfolio of emerging market equities, designed for investors wanting long-term capital growth and diversification. Launching the fund, BTIM sales head, Martin Franc, said … Read more

Who heads up distribution at Henderson?

Matt Gaden will move from Challenger to Henderson Global Investors as the dual-listed fund manager seeks to re-establish its Australian business. Gaden will move from his current role as general manager of institutional business and strategic alliances at Challenger to join Henderson Australia’s executive chairman, Rob Adams, and executive director, Nick Evans, as head of … Read more

Asia Pacific our biggest funds source

A two-year study has shown that the Asia-Pacific region is by far the largest contributor to fund flows into Australian managed funds. The report, Australian Investment Managers’ Cross-Border Flows, was released by the Financial Services Council and independent trustee, The Trust Company. It was commissioned following the release of Mark Johnson’s landmark report of 2009, … Read more

Cbus CEO to explain strategy changes at FIS

Cbus chief executive, David Atkin, will explain his fund’s new investment strategy, which saw the CIO role split in two, at the Fidicuary Investors Symposium in Victoria later this month. The 18-month Cbus review created a new role – known as executive manager, investment strategy – which will be taken up by former Frontier Advisors’ … Read more