Underlying themes mesh with global recovery

Greg BrightThe turnaround in both the market and consumer sentiment over the past three months has been nothing short of remarkable. Talk has gone from the new Great Depression to the Great Recession to the Great Recovery. Most institutional investors were slow to rebalance after last year’s falls and when the markets dived again in January/February it appeared that that was the right decision. Since then, however, the bounce is looking increasingly sustainable and funds are starting to invest their bulging cash balances.

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Underlying themes mesh with global recovery

Greg BrightThe turnaround in both the market and consumer sentiment over the past three months has been nothing short of remarkable. Talk has gone from the new Great Depression to the Great Recession to the Great Recovery. Most institutional investors were slow to rebalance after last year’s falls and when the markets dived again in January/February it appeared that that was the right decision. Since then, however, the bounce is looking increasingly sustainable and funds are starting to invest their bulging cash balances.

Read more

Underlying themes mesh with global recovery

Greg Bright
Greg Bright
The turnaround in both the market and consumer sentiment over the past three months has been nothing short of remarkable. Talk has gone from the new Great Depression to the Great Recession to the Great Recovery. Most institutional investors were slow to rebalance after last year’s falls and when the markets dived again in January/February it appeared that that was the right decision. Since then, however, the bounce is looking increasingly sustainable and funds are starting to invest their bulging cash balances.

Read more

Underlying themes mesh with global recovery

Greg Bright
Greg Bright
The turnaround in both the market and consumer sentiment over the past three months has been nothing short of remarkable. Talk has gone from the new Great Depression to the Great Recession to the Great Recovery. Most institutional investors were slow to rebalance after last year’s falls and when the markets dived again in January/February it appeared that that was the right decision. Since then, however, the bounce is looking increasingly sustainable and funds are starting to invest their bulging cash balances.

Read more

Behind the fuzziness, there’s money in UN PRI

Michael Bailey
Michael Bailey
At least one well-known funds management identity, when speaking privately about the UN PRI, will pronounce it so as to sarcastically emphasise the ‘PR’ part. He is saying what at least some of the industry is thinking. That becoming a signatory to the grandly named United Nations Principles for Responsible Investment looks great on a press release and is a nice thing to tell your members or investors, but is fuzzy when it comes to the actions required, and the outcomes that can be reasonably expected.

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Behind the fuzziness, there’s money in UN PRI

Michael Bailey
Michael Bailey
At least one well-known funds management identity, when speaking privately about the UN PRI, will pronounce it so as to sarcastically emphasise the ‘PR’ part. He is saying what at least some of the industry is thinking. That becoming a signatory to the grandly named United Nations Principles for Responsible Investment looks great on a press release and is a nice thing to tell your members or investors, but is fuzzy when it comes to the actions required, and the outcomes that can be reasonably expected.

Read more

FEAL turns 10

From CEO’s Union to Industry Pillar

The role of what used to be known as the fund secretary has grown enormously in the past 10 years.

Helping that growth, through the professional development of the chief and other fund executives, has been the Fund Executives Association Ltd, which marks its 10th anniversary year this month with its annual national conference and members’ dinner in Melbourne.

GREG BRIGHT, a former FEAL interim board member prior to its formalisation in 1999, traces the association’s history and looks at its likely future.


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FEAL turns 10

From CEO’s Union to Industry Pillar

The role of what used to be known as the fund secretary has grown enormously in the past 10 years. Helping that growth, through the professional development of the chief and other fund executives, has been the Fund Executives Association Ltd, which marks its 10th anniversary year this month with its annual national conference and members’ dinner in Melbourne. GREG BRIGHT, a former FEAL interim board member prior to its formalisation in 1999, traces the association’s history and looks at its likely future.

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Prime Super bucks industry norm with trauma cover

In what is understood to be an industry first, the $1 billion Prime Super has begun providing trauma insurance to members as an additional product alongside default group cover.

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State Street creates senior sales role

Greg O'SullivanState Street has created a new senior sales role straddling its Investor Services and State Street Associates businesses, reflecting that clients of a core custodian are increasingly requesting a broader array of services from that provider.

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LGSS completes active equities restructure

The $4.7 billion NSW Local Government Superannuation Scheme (LGSS) has terminated two mandates with active Australian equity managers and awarded a new mandate worth $110 million to a Sydney-based active boutique in the final stage of the restructure of its domestic equities portfolio.

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