Funds choose the bluedoor

The first super funds and wealth managers to adopt the Bluedoor administration and registry platform wanted the product to tick every box on their admin software wish list. To win them over, it had to be an integrated product, web-based, able to be customised, and easy to implement. Coming up to three years since the … Read more

Don’t wait for the future

Superannuation funds should not wait for the SuperStream reform to be written into law before changing their antiquated administration systems. SIMON MUMME reports. Philip Hind, national program manager of SuperStream, shared an optimistic view of the future of superannuation administration last month. “In the future we’ll see more standard rollover and contributions processing across the industry, … Read more

Don't wait for the future

Superannuation funds should not wait for the SuperStream reform to be written into law before changing their antiquated administration systems. SIMON MUMME reports. Philip Hind, national program manager of SuperStream, shared an optimistic view of the future of superannuation administration last month. “In the future we’ll see more standard rollover and contributions processing across the industry, … Read more

Super funds eye special FX

Superannuation funds are beginning to shed light on the inflated costs of poor foreign exchange execution. PHILIPPA YELLAND reports. Unsexy. It’s the word of choice for many investors when they describe trading foreign exchange (FX) efficiently. FX is a back-office beta that has long gone unwatched. But transaction fees are being dragged into the spotlight … Read more

Turf war: hedge FoFs, consultants clash

Kevin Gundle is not firing shots at hedge fund consultants. He wants some questions answered. Gundle is CEO of Aurum, a London-based hedge fund-of-funds (hedge FoF) managing $2.2 billion. He will speak at The New Alternatives conference, held by Conexus Financial, publisher of Investment Magazine, in Melbourne this month. For the past 16 years he … Read more

Data frontiers

Bank of America (BofA) says it is not a financial services company. Like Google and Facebook, it considers itself an information business, says Ben Lever, senior research engineer at NICTA, an Australian information and communications technology research centre. Lever says BofA wants to know more about its customers. It analyses their transaction data to detect … Read more

Combating human and heavenly crises

Some risks can be controlled. Some are blindside shocks. Last month, superannuation fund executives gathered in Melbourne to discuss how the varying risks threatening their businesses can be managed. A greater recession Nick Bullman is a bear. A big bear. But one who wears exquisite gold cufflinks with French cuffs and a bespoke double-breasted suit. “All … Read more

Investment risks, myths headline FSC agenda

The big agenda issues for the FSC conference were ESG non-reporting, longevity unpreparedness, and market myths. Speaking at the FSC conference last month, ACSI chief executive, Ann Byrne, said 15 per cent, or 30 companies, in the S&P/ASX 200 do not report their environmental, social and governance risks. In tandem with Byrne’s comments, ACSI and … Read more