Passive replication of the ‘value premium’ in equity markets might be an old idea, but it’s been combined with a more novel attempt to systematically capture the ‘momentum premium’, in a new product which aims to compete with active equity managers and puts the onus on them to prove their genuine alpha creation.
Catholics look to national business growth
A Roman Catholic superannuation fund is expanding with the appointment of a national business development manager. Funds manager dawns with three familiar firms
Mercer private equity veteran departs
Soft commodities get seed funding
A major bank has seeded a global “soft commodity” equities-only fund in the belief that growing population pressures will boost the popularity of this asset class in the next five years.
