asset classes

Custody

A new playing field in custody

Citi has been in the custodian market since the mid-1980s, but it’s only in the last five years or so that it has broadened its offering to include a full range of fund administration services. According to Martin Carpenter, managing director, securities and funds services, this gives them more reasons to interact with superannuation funds. […]
Retirement

Towards defined ambition

Speaking at last week’s Post-Retirement Conference, held by Conexus Financial in association with AIST, Scott Pappas said the defined benefit is “dying”. He argues that funds need to extract the benefits of such a plan in a sustainable model, namely defined ambition plans, which offer collective defined contribution (DC) schemes and money-back guarantees. “Collective DC […]
Investment Strategy

Coming soon: emerging-market local-currency debt

Emerging-market debt is one of the 2013’s key themes, but one of the most promising components of the asset class – local-currency corporate debt – has yet to appear on the radar screens of many investors. That is the view from global fund manager PineBridge Investments, two managers who were in Australia in February for […]
Investment Strategy

BlackRock, Goldman worried about China

The chief investment officers of BlackRock and Goldman Sachs & Partners Australia are among 16 who are more pessimistic about markets than they were a year ago and are particularly concerned about China and Europe, according to a Financial Services Council survey of CIOs.