As uncomfortable as it may be to admit, super funds have agency risk internally as well as externally. This is one of the contentious topics to be discussed at the second Fiduciary Investors Symposium in Manly next month.
Join a Dysfunctional market discussion
The Paul Woolley Centre for the Study of Capital Market Dysfunctionality will hold a half-day workshop for super fund executives, managers and academics at the University of Technology Sydney on May 12.
Pillar Administration gets twofer from competitor
Peter Beck
IFM hunts sales exec to launch new office
Industry Funds Management (IFM), the $28 billion asset manager owned by 33 not-for-profit superannuation funds, is searching for a distribution specialist to open its next office outside of Melbourne.
We don’t need the whole industry now: admin alliance
A spokesman for an alliance formed by seven member administrators, which aims to collaborate to deliver Superstream initiatives, recognises there are some notable absences from its ranks but that it’s more important to get an industry-led response happening now.
Endowment investing in the post-crisis world
Like most asset allocation strategies, the ‘endowment model’ for investing was challenged by the financial crisis and its practitioners have learnt lessons from the episode, according to Sandra Urie, CEO at Cambridge Associates, an asset consultant with deep experience in the field.
Admin costs to fall 40 per cent, says DST
Martin Spedding
…but its admin business is firing
Russell Investment’s member administration business has experienced positive growth since the launching of a new administration model in January.
Russell must search for new super boss…
Russell Investments has seen its director of superannuation poached after 16 years with the company.
UniSuper beams more capital into global tech
UniSuper has invested more than $200 million in a second mandate focused on global technology stocks as it searches for alpha in equity markets worldwide.
Private equity stuck in the doldrums
The global rate of private equity fundraising remains at its slowest since 2003, however there are some positive signs for the asset class with more general partners holding interim closes on funds during the first quarter of 2011.
