The $1.4 billion, 97,000-member ASSET Super is considering merger partners as a way of increasing its footprint in modern awards and pre-empting any Government moves to encourage consolidation – and there is a ‘back to the future’ twist to one of the rumoured suitors. Actuaries get hot and bothered
If actuaries get hot under the collar about the Cooper review, then Trevor Thompson is in meltdown mode. The president of the Institute of Actuaries Australia said the main item he’s trying to get on Cooper’s “menu” is that investment costs must be separated out from other costs. “All superannuation fund expenses and superannuation fees … Read more
Global equities manager Martin Currie Investment Management is looking into the possibility of introducing an emerging markets fund to Australia next year, reflecting the firm’s growing belief in, and commitment to, the developing world for long-term investment. 
Causeway Asset Management has recruited an expert in tradable water rights and launched a dedicated Australian water fund, which will look to invest up to $300 million in the asset class. 
