Below the waterline – uncovering the hidden costs of equity trading

Global agency brokerage and technology firm ITG has launched a new publication investigating challenges and developments in the analysis of trading costs. CLARE ROWSELL, head of client relationship management for ITG in Asia Pacific, argues that transaction cost analysis has become a vital tool for funds managers and traders, and looks at how new advances can help reduce costs and improve performance for investors.

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Below the waterline – uncovering the hidden costs of equity trading

Global agency brokerage and technology firm ITG has launched a new publication investigating challenges and developments in the analysis of trading costs. CLARE ROWSELL, head of client relationship management for ITG in Asia Pacific, argues that transaction cost analysis has become a vital tool for funds managers and traders, and looks at how new advances can help reduce costs and improve performance for investors.

Read more

Super funds be wary: we’re in a period of engagement

Greg_bright09
Greg Bright
As Michael Dwyer observed at the Fund Executives Association Ltd conference last month: fund members do not move their accounts, no matter how good or bad the performance, just as they never change their bank accounts.

The chief executive of First State Super was exaggerating, of course, but most of his colleagues in the room would agree.

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Super funds be wary: we’re in a period of engagement

Greg_bright09
Greg Bright
As Michael Dwyer observed at the Fund Executives Association Ltd conference last month: fund members do not move their accounts, no matter how good or bad the performance, just as they never change their bank accounts. The chief executive of First State Super was exaggerating, of course, but most of his colleagues in the room would agree.

Read more

An industry fund initiative that nobody can knock

Michael Bailey
Michael Bailey
As financial services is dragged screaming towards the fee-for-service model, there’s been a lot of malice coming to the surface, not least that directed towards the industry funds, who are already largely there.

That ill-feeling might manifest itself in a cranky response to APRA’s whole-of-fund super performance sta- tistics, as useless as they admittedly are. Maybe it comes out less publicly, for instance by feeding an Australian jour- nalist an erroneous hatchet-job about the Conference of Major Super Funds, confident in the knowledge they won’t bother ringing to check the facts. (We know who you are, by the way.)


Read more

An industry fund initiative that nobody can knock

Michael Bailey
Michael Bailey
As financial services is dragged screaming towards the fee-for-service model, there’s been a lot of malice coming to the surface, not least that directed towards the industry funds, who are already largely there. That ill-feeling might manifest itself in a cranky response to APRA’s whole-of-fund super performance sta- tistics, as useless as they admittedly are. Maybe it comes out less publicly, for instance by feeding an Australian jour- nalist an erroneous hatchet-job about the Conference of Major Super Funds, confident in the knowledge they won’t bother ringing to check the facts. (We know who you are, by the way.)

Read more

Toward an end-to-end process for handling mental health insurance claims

Insurance claims for mental health- related illnesses are more complicated than those for physical injuries. Many of the problems relate to social attitudes toward those with psychiatric disorders. In this gathering of Industry Fund Forum members, legal and mental health experts, and group insurer CommInsure, an attempt is made to identify the extent of mental … Read more

Toward an end-to-end process for handling mental health insurance claims

Insurance claims for mental health- related illnesses are more complicated than those for physical injuries. Many of the problems relate to social attitudes toward those with psychiatric disorders. In this gathering of Industry Fund Forum members, legal and mental health experts, and group insurer CommInsure, an attempt is made to identify the extent of mental … Read more

The end of asset allocation

SEPT09Alternative investment ideas to salvage your portfolio

There’s nothing like a crisis to make an industry question its fundamental beliefs, and poor old Harry Markowitz has certainly been in the firing line since everybody’s asset-allocated, ‘diversified’ portfolios all crashed together in 2008/9.

Does his modern portfolio theory still stack up? What role will alternative assets play in any, ahem, alternative to it? These questions are sure to be fiercely debated at September 8’s third annual Absolute Returns Conference, produced by Conexus Financial (publisher of this magazine).

Diversification ain’t diversification when everybody’s doing it, it seems, and as KRISTEN PAECH reports, some stakeholders are now calling for a more ‘back to basics’ approach, even dragging the old ‘balanced vs specialist’ debate out of the mothballs.


Read more

The end of asset allocation

SEPT09Alternative investment ideas to salvage your portfolio

There’s nothing like a crisis to make an industry question its fundamental beliefs, and poor old Harry Markowitz has certainly been in the firing line since everybody’s asset-allocated, ‘diversified’ portfolios all crashed together in 2008/9. Does his modern portfolio theory still stack up? What role will alternative assets play in any, ahem, alternative to it? These questions are sure to be fiercely debated at September 8’s third annual Absolute Returns Conference, produced by Conexus Financial (publisher of this magazine). Diversification ain’t diversification when everybody’s doing it, it seems, and as KRISTEN PAECH reports, some stakeholders are now calling for a more ‘back to basics’ approach, even dragging the old ‘balanced vs specialist’ debate out of the mothballs.

Read more