The Australian Institute of Superannuation Trustees held its inaugural Awards for Excellence on December 4, and recognised Industry Funds Super and First State Super as joint winners of its Platinum Communication Award.
AIST honours excellence 'behind the scenes'
The Australian Institute of Superannuation Trustees held its inaugural Awards for Excellence on December 4, and recognised Industry Funds Super and First State Super as joint winners of its Platinum Communication Award.
AUSCOAL puts $50m toward harnessing volatility
The $4.3 billion AUSCOAL Super has awarded $50 million to a global volatility manager for its alternatives portfolio.
Tax credit threat keeps Maritime merger docked
The merger of the Stevedoring Employees Retirement Fund and the Seafarers Retirement Fund has been delayed by several months, after the losses of September and October created large tax credits that would be lost if the merger went ahead on January 1 as planned.
LGSS overhauls bond portfolios, reviews international equities
The NSW Local Government Superannuation Scheme (LGSS) has allocated more than $700 million in new fixed income mandates while beginning a review of its $1 billion international equities portfolio. 
The superannuation guarantee levy should become a permanent tool of macroeconomic policy, with its level determined by the Reserve Bank of Australia, according to the regional head of Mercer Investment Consulting, Tony Cole. ACSI targets full ESG analysis with external researcher
Building upon its corporate governance services, the Australian Council of Super Investors (ACSI) has appointed an external researcher to assess the social and environmental impacts of the top 200 listed Australian companies.
State Street Australia cuts from the top in global downsizing
State Street is the latest global bank to cut back its workforce, by 1600-1800 people worldwide, with the small local redundancy list including the managing director of State Street Australia.
Bellwether rejects incubator overtures, hires third party marketer
With only $20 million under management, some would say Australian equities boutique Bellwether Partners should be reconsidering its future in this environment, however founder Bruce Bell has so far rejected advances from incubators and has even appointed a third-party marketing firm to target institutional investors.
Sovereign supremo among Watson Wyatt hires
Asset consultant Watson Wyatt has made two senior appointments, including a former executive of Sovereign Investment Research, as it goes against the prevailing industry trend of job cuts.
From REST to the rest: what trustees are paid and why
At REST they’re all volunteers. At UniSuper they’re pushing six figures. The December edition of Investment & Technology Magazine investigates what super fund trustees are paid, and why.
Ambos to get extra cover, thanks to First State
NSW Ambulance officers have secured additional insurance benefits, to be funded by their employers.
