The Paul Woolley Centre for Capital Market Dysfunctionality is to hold a special afternoon workshop next month to discuss several upcoming research projects of particular relevance for super funds and managers, including a questioning of the role of active management and the proposal of a new regime for institutional investing.
Lachlan Callander exits Invesco, firm restructures fixed income
Lachlan Callander, who spent nearly five years heading up Australian fixed income at Invesco before migrating to the
London office, has left after nearly 12 years with the firm.
From Hong Kong to Chennai for BNP global custody
BNP Paribas Securities Services Australia will end the global custody relationship begun with Citi out of Hong Kong 14 years ago, as it seeks to shift clients to its parent’s own global custody network, which means they will be serviced from Chennai, India.
The man many considered a successor to Doug McTaggart as chief executive of Queensland Investment Corporation (QIC) has instead taken a permanent position as CIO of its largest client. 
In only the second change of leadership at value manager Maple-Brown Abbott, managing director and chief executive John Kightley will soon retire, to be succeeded by a long-standing colleague.Selecting the right asset consultant: the Tom Babic way
Financial services consultant TOM BABIC recently spent four months conducting the first-ever asset consulting review for Telstra Super. The review ended Russell Investments’ 15-year consulting relationship with the fund (it remains actuary) and continued JANA Investment Advisers’ winning run.
Here, Babic outlines the process that trustees should ideally go through in considering their fund’s asset consulting arrangements.
Selecting the right asset consultant: the Tom Babic way
Financial services consultant TOM BABIC recently spent four months conducting the first-ever asset consulting review for Telstra Super. The review ended Russell Investments’ 15-year consulting relationship with the fund (it remains actuary) and continued JANA Investment Advisers’ winning run.
Here, Babic outlines the process that trustees should ideally go through in considering their fund’s asset consulting arrangements. The Superannuation Guarantee: should it be used as a tool of economic policy?
On March 5, Investment & Technologyand investment administration softwareprovider, SimCorp, held a roundtablediscussion on last November’s “economists’open letter” to the Rudd Government. Signed by eight of Australia’s leading economicminds, the letter advocated a shorttermreduction in the superannuationguarantee to 6 per cent, and a relaxing ofsuper access rules, as an economic stimulusduring this financial crisis. The … Read more
Managing counterparty risk and transitions in a time of uncertainty
March seems to be the month where super funds are expected to resume hiring and firing their funds managers and other service providers in earnest. What are the warning signals that should lead to those decisions being made? And how to best proceed with any transition when market volatility is around record highs? Last month, … Read more
The Superannuation Guarantee: should it be used as a tool of economic policy?
On March 5, Investment & Technologyand investment administration softwareprovider, SimCorp, held a roundtablediscussion on last November’s “economists’open letter” to the Rudd Government. Signed by eight of Australia’s leading economicminds, the letter advocated a shorttermreduction in the superannuationguarantee to 6 per cent, and a relaxing ofsuper access rules, as an economic stimulusduring this financial crisis. The … Read more
