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

IOOF CIO Steve Merlicek: “It’s been a party, now it’s the hangover.”

Steve Merlicek, the chief investment officer of $9 billion invested in multi-manager asset allocation strategies at IOOF, says volatile, depressed global market conditions may continue for some time.

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