RCM…making dreams of funds management come true

RCM…making dreams of funds management come true It’s always been tough to break into a job in portfolio management, more so now than ever. You might have the skills and the determination, but it’s likely you’ll remain languishing on the sidelines without a little bit of luck. Just ask Paul Schofield, who these days has … Read more

RCM…making dreams of funds management come true

RCM…making dreams of funds management come true It’s always been tough to break into a job in portfolio management, more so now than ever. You might have the skills and the determination, but it’s likely you’ll remain languishing on the sidelines without a little bit of luck. Just ask Paul Schofield, who these days has … Read more

Tell Goldmans where to go with ICGN proposal

Bold as brass, Wall Street firms are again talking big bonuses. However, a proposal that Australian super funds are being urged to sign would give shareholders of US public companies more of a say in the matter, FIONA REYNOLDS writes.

Read more

Aussie Super in reverse? CalSTRS mulls big active bump

The California State Teachers’ Retirement System (CalSTRS) will publish its business plans in the next week or so, and with a back-to-basics theme, the investment team has been directed to review its mix of active versus passive. Chief investment of CalSTRS, Chris Ailman, says the board typically asks the investment team to review three broad themes in addition to its normal portfolio level and work. “The board wants us to look at the mix of active passive in both equities and fixed interest investments. We have traditionally been heavily passive and that has helped us. Active management has been very expensive, at times it has proved its worth, at other times it hasn’t,” he says.

Read more

Aussie Super in reverse? CalSTRS mulls big active bump

The California State Teachers’ Retirement System (CalSTRS) will publish its business plans in the next week or so, and with a back-to-basics theme, the investment team has been directed to review its mix of active versus passive. Chief investment of CalSTRS, Chris Ailman, says the board typically asks the investment team to review three broad themes in addition to its normal portfolio level and work. “The board wants us to look at the mix of active passive in both equities and fixed interest investments. We have traditionally been heavily passive and that has helped us. Active management has been very expensive, at times it has proved its worth, at other times it hasn’t,” he says.

Read more

Superpartners loses project head in midst of biggest project

Superpartners’ head of project delivery left last month – in the middle of running the largest superannuation system replacement project in Australian history. A Superpartners spokesperson said that Jane Collyer, an eight-year veteran of the firm who ran the massive project to integrate administration for the AustralianSuper merger, had left for personal reasons. Collyer confirmed she had quit to look after her ailing father, but that she had left Superpartners “on great terms” and remained available to take any questions over the phone.


Read more