While the largest of the world’s pension funds have tended to grow faster than the rest in recent years, they did not do so last year, as non-US funds, especially Australian funds, grew at a faster clip.
Fund staff to take centre stage at first AIST awards night
The Australian Institute of Superannuation Trustees will honour the achievements of super fund staff at its inaugural ‘Awards for Excellence’ night in December this year.
Pile back into equities, ASI conference told
Investors should significantly overweight domestic and international equities exposures over the next 12 months, at the expense of property and fixed interest, Goldman Sachs JB were chief economist Tim Toohey told the Australian Super Investors conference at Port Douglas yesterday.
AIST to launch world first climate change initiative
The Australian Institute of Superannuation Trustees has partnered with Sydney’s independent Climate Institute to launch a world-first survey on how pension funds manage the risks and opportunities presented by climate change.
New home sought for Astarra property mandate
Retail superannuation fund Astarra Funds Management is reviewing its exposure to property after successfully redeeming a direct property mandate from BlackRock.
Hedge funds show off some Fortitude…
Led by Fortitude Capital, which was deemed Australian Hedge Fund of the Year, numerous managers featured in the AIMA Australia 2008 Hedge Fund Awards while Telstra Super was named Best Investor Supporting Australian Hedge Funds.
…as ‘best supporting investor’ eyes bioscience boutique
The $10 billion Telstra Super has become a seed investor in a domestic bioscience manager through an ‘incubation portfolio’ within its allocation to Australian equities.
Super fund admin fees to jump by up to 50%
Several major super funds, including AustralianSuper, are raising their administration fees to pay for member services such as financial advice and online infrastructure.
Perpetual corporate trust boss to leave after 25 years
Perpetual Corporate Trust will have a new group executive from October, ahead of the planned departure of a 25-year Perpetual veteran.
Legalsuper reviews, reinstates admin provider
After conducting an internal review of its fund administration system, Legalsuper has renewed its contract with the incumbent provider.
…as 'best supporting investor' eyes bioscience boutique
The $10 billion Telstra Super has become a seed investor in a domestic bioscience manager through an ‘incubation portfolio’ within its allocation to Australian equities.
Register for full access
Register here… for full access to the protected content of the website.
