active management

Policy and Regulation

Murray offers no quick fix on retirement income

The removal of impediments to the creation of retirement income products should not go ahead until there is greater consensus on what purpose the superannuation system serves, David Murray has revealed. In talks with Investment Magazine at the offices of Australian Securities and Investment Commission in Sydney, the day after the release of the interim […]
Hedge Funds

LGS increases Aussie equities risk

Local Government Super (LGS) has converted a passive mandate to an enhanced passive mandate with State Street in a move to increase its active risk. The fund has awarded the manager a $780 million active Australian equities mandate. Chief investment officer Craig Turnbull told IM online the fund is giving State Street “more scope” on […]
CIO profiles

The long haul at Commonwealth Bank Group Super

A limited range of asset classes held for the long term with little change in managers has generated 10-year average returns of between 7 and 9 per cent per annum for Commonwealth Bank Group Super’s investment options. Its returns and fees have won a steady trickle of awards, but the fund has not sought the […]
Hedge Funds

Keep equities as they are: ASI delegates

Portfolios should maintain their current level of exposure to equities, according to 52 per cent of delegates at the Australian Superannuation Investment Conference. They were voting before a session on the “equities conundrum,” at which speakers from a super fund, fund manager and consultancy presented their views on the outlook for equities, and their place […]
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