Fund managers and investment operations experts have different opinions about what is most important in an outsourcing relationship, and how the operations market will change in coming years. SIMON MUMME reports.
Media Super adapts to change
Whether it is sitting on the board of Media Super or in his previous job as chief executive of the printing industries’ peak body, Philip Andersen is no stranger to adapting to change. He was the industry representative of Print Super when it had just $150 million under management and was part of the investment committee that reorganised Media Super’s external managers when it was born from the merger of Print Super and Just Super in 2008. This year Andersen retired after 19 years as the chief executive of the Printing Industries Association of Australia, having overseen a sea change in printing driven by the rise of online competition.
Do derivatives belong in superannuation?
In the wake of a financial crisis that levelled many retirees’ savings and taught the investment industry a severe lesson about the perils of financial engineering, an honest discussion about the risks and merits of derivatives is warranted. Investment Magazine and Tibra Investment Management recently convened a roundtable in which superannuation, investment, tax and legal experts looked beyond the scapegoating of structured finance and asked how derivatives can be used in fund portfolios. SIMON MUMME reports.
Access capitalises on liquidity traumas
By Simon Mumme “There is a group of members that are reacting to what is happening in the rear-view mirror: when markets go up, they invest in equities; when equities go down, they invest in cash” Access Capital Advisers, which oversees $12 billion in assets, has drawn on tough lessons from the financial crisis to … Read more
AustralianSuper provides SMSF services to members
AustralianSuper now provides members with investment services that are commonly available through self-managed superannuation funds (SMSFs). The $42 billion industry super fund allows members to invest directly in domestic stocks, exchange-traded funds (ETFs) and bank term deposits rather than existing investment strategies.
Why smart funds managers avoid clichés
Bad investment performance is detrimental to fund management businesses. So is being one of many look-alike managers, write DANIEL GRIOLI and MATT MILGROM*.
Know the risks of emerging market stocks
There are many obstacles to investing profitably in emerging markets. In November 2011, Investment Magazine and Neuberger Berman gathered superannuation experts to trade stories about the risks of investing in emerging market equities. SIMON MUMME reports.
NGS Super focuses on “growth” assets
NGS Super is deciding whether it should invest less money in high-return seeking assets in 2012. SAM RILEY reports.
