Big funds tackle peer risk Focusing on the risks faced by members and judging each investment on its merits helps superannuation funds break from common asset allocations, investment chiefs at the Future Fund and QSuper told CMSF 2012 yesterday. The past 20 years have seen at least three financial crises, the rise of the superannuation … Read more
Asset owners don’t have the confidence to impose their views on advisors, said trustee of the £32 billion Universities Superannuation Scheme, Howard Jacobs in a heated plenary with general secretary of the International Trade Union Confederation, Sharan Burrow, and PRI chair, Wolfgang Engshuber. Click here to read the round-up of Day One of the 2012 CMSF … Read more
Stuart Dear is at a famed Sydney restaurant trying not to appear too happy. The Aberdeen Asset Management portfolio manager is part of team that manages $14.5 billion in Australian bonds and is ranked number one by Morningstar. Aberdeen’s current 11-person team has over 10 years delivered a 7.2-per-cent annual gross return, according to Morningstar’s … Read more
Chris Clayton, who was in charge of Acadian Asset Management’s Australian business, has left the firm and joined MLC as head of asset management sales. Clayton left Acadian earlier this month after joining in September 2005. Andrew Hair has been selected to take Clayton’s place on a temporary basis. Colonial First State Investments, Acadian’s joint-venture … Read more
Rob Sullivan, who was head of institutional sales at boutique fund manager-backer Treasury Group, has joined rival NAB Invest. Treasury Group and NAB Invest both have ventures with asset managers in an effort to attract money to investors interested in investing with boutique firms. A Treasury Group spokesman confirmed Sullivan’s departure. NAB Invest declined comment.
Canada’s AGF Management, which manages about $45 billion, has opened a Sydney office that will seek to attract Australian superannuation and individual investors into its funds. As part of its efforts to attract money, Toronto-based AGF will host 12 Australian superannuation funds in May in New York. There it will present details of its investment … Read more
David Gonski, said by many to be the best-connected man in corporate Australia, will become chairman of the $73 billion Future Fund next month. Founded in 2006 to meet public sector superannuation liabilities, the fund has averaged 4.2 per cent returns per annum. The 58-year-old Gonski will assume the role at the Melbourne-based fund on … Read more
Some years ago Brigitte Smith was in Idaho with a US Army general. They were trying to clean up a toxic waste site. “A teaspoon of this stuff will kill you,” the general told Smith as she sought samples of toxic waste. “Be careful.” Smith, the co-founder of GBS Venture Partners, is now used to … Read more
Torben Munch, chief operating officer of Danish investment-management software company SimCorp, likes to tell a story about his firm’s relationship with Lehman Brothers. The Wall Street firm was a SimCorp client when it collapsed in September 2008. Munch found Lehman’s collapse had created confusion and concern as asset managers and brokers scrambled to find out … 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.
