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New fund linked to ‘third’, non-profits sector

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Investment management legend and new philanthropist, Chris Cuffe, has created a fund aiming to assist social entrepreneurs while delivering returns to investors. Meanwhile, a domestic microfinance pilot run by NAB has helped people excluded from mainstream credit establish their own businesses. SIMON MUMME writes. Chris Cuffe has combined his experience in investment management and philanthropy … Read more

NAB’s microfinance pilot fuels new small businesses

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Seventy-one new small businesses have been built using microenterprise loans supplied by National Australia Bank (NAB) in a one-year pilot program launched in March 2007. The loans were provided to people with sound business plans but no access to affordable business credit from mainstream lenders, due to a lack of assets or high level of … Read more

Superannuation news not all bad

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It’s both a puzzle and a source of frustration to many in the superannuation industry that the average Australian has so little interest in their superannuation. We all recognise that retirement is a long way off for most people and that many households are more concerned with paying next month’s mortgage than reading about the … Read more

Chair of NSW State Super a salesman no more

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BNY Mellon Asset Management has clarified that Don Russell is no longer in a sales role with the firm, following his appointment as chair of the $38 billion NSW State Super defined benefit fund. Russell joined BNY Mellon Asset Management last year in an institutional sales role, but has since become ‘global investment strategist’. The … Read more

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Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.

We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.

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