Recently David Neal, chief investment officer of the Australian Government Future Fund, reportedly said: “The Future Fund operates as a single portfolio… rather than breaking allocation into various sectors as is traditionally done. …Every idea should instead be evaluated against every other idea with strategies directly compared to assess the marginal benefit of where each … Read more
Dr Ken Henry’s comments at the Association of Superannuation Funds of Australia (ASFA) Investment Interchange debate entitled ‘Should the super industry invest more in fixed interest?’ have re-ignited the discussion about the optimal portfolio mix of stocks and bonds in a superannuation account. His comments are important in that they strike at the heart of … Read more
Superannuation funds are under pressure as investor behaviour changes, particularly because of technology, says Andrew Baker, managing partner at asset management consultants Tria Investment Partners. “Business models of super funds are under a lot of pressure and the degree to which they are has probably been underestimated,” says Baker. “Regulatory changes and markets have been … Read more
John Wilson says he never studied economics and financial markets at university. And that, he says, has enabled him and his colleagues build bond-investor Pacific Investment Management’s assets in Australia to $32 billion in 15 years. “I understand what we sell to people is belief,” says Wilson, who looks more like an art-gallery owner with … Read more
Stephen Bramley, the former head of institutional sales at Mercer in Australia, has joined boutique fund manager-backer Treasury Group as director of distribution. Andrew McGill. Treasury’s chief executive, says Bramley’s appointment has heralded a reorganisation in Treasury Group’s sales team. Peter Walsh, formerly head of retail distribution, has been appointed a director of distribution and … Read more
Brian Henderson, the executive in charge of marketing and communications at Perpetual will leave the $23-billion asset manager. Henderson, a Canadian, will return to his homeland, possibly to Toronto, for “family reasons,” according to a Perpetual spokesman. He joined Perpetual in June 2011 and is responsible for developing marketing and advertising. “He will be still … Read more
“Balmain boys don’t cry,” former New South Wales Premier Neville Wran once famously remarked. Commercial real-estate-debt manager Balmain Funds, which started in the inner-west Sydney suburb in 1979, is not tearfully pleading for $500 million from superannuation funds. Its planned five-year closed-end fund will lend money to industrial, retail and commercial property investor and developers … Read more
Craig Dunn, AMP’s chief executive, says the 2008 global financial crisis has perhaps changed asset managers’ relationships with their customers forever. “People are less trusting than they once were,” says Dunn, 48. “There is a lot of focus on liquidity.” Dunn, who became chief executive officer in January 2008, says now consumers of financial products … Read more
Rob Adams, who for eight years was the Challenger Funds Management chief executive, has been hired by the London-based $103-billion asset manager Henderson Global Investors to head its business in Australia. “It has been part of our strategy to grow our global presence by building out into this key market,” says Henderson CEO Andrew Formica, … Read more
Rob Adams, who for eight years was the Challenger Funds Management chief executive, has been hired by the London-based $103-billion asset manager Henderson Global Investors to head its business in Australia. “It has been part of our strategy to grow our global presence by building out into this key market,” says Henderson CEO Andrew Formica, … Read more
BlackRock Australia has hired Justin Arter as its country head. Arter replaces Damien Frawley, who joins Brisbane-based Queensland Investment Corporation on July 1. Arter announced on May 18 his departure after two and-a-half years as chief executive of Victorian Funds Management Corporation. He did not specify what company he was going to work.for. Arter also … Read more
BlackRock Australia has hired Justin Arter as its country head. Arter replaces Damien Frawley, who joins Brisbane-based Queensland Investment Corporation on July 1. Arter announced on May 18 his departure after two and-a-half years as chief executive of Victorian Funds Management Corporation. He did not specify what company he was going to work.for. Arter also … Read more
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In-depth interviews with leaders, experts and visionaries in the institutional investment community
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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.
