Former Future Fund CIO on sources of TPA outperformance

Asset owners with a total portfolio approach have outperformed those with strategic asset allocation by 1.8 per cent per annum in the past decade, according to recent research, but even that number sounds like an underestimation to Sue Brake, the former chief investment officer of Future Fund who is now an independent consultant. As funds face a paradigm shift in the investment environment, TPA emerges as a valuable tool to implement their purpose.

High and low-fashion business models committing big ESG faux pas

The world’s largest luxury fashion group LVMH and the world’s largest ultra-fast fashion group SHEIN may occupy opposite ends of the fashion spectrum but both have their business models and ESG credentials under the spotlight.

Aware Super appoints seasoned company director as chair

The $180 billion Aware Super has appointed Suncorp Group chair and Cochlear director Christine McLoughlin as its new independent chair. With an extensive career inside and outside financial services, she replaces Sam Mostyn who resigned to become Australia’s Governor-General earlier this year.

Jones tells funds to work with regulator on data access

With limited Parliamentary sitting days left this year, Minister for Financial Services Stephen Jones has told super funds at the Conexus Retirement Conference not to expect any changes to the regulatory framework to improve data access to Centrelink and the ATO.

World-class retirement system won’t happen by accident

As regulators continue to heap pressure on super funds to “quicken the pace” of efforts to help members transition to retirement, the Conexus Retirement Conference concluded that the funds making most progress are those taking the task most seriously. The launch of a new media title aims to assist the goal of building the world’s best decumulation system.