Hedge Funds

Super funds struggle to engage members

The statistics speak for themselves. More than half of Australia’s superannuation members are not engaged. Eighty per cent go into their super’s default investment option at sign up – and stay there. Funds are constantly looking for new ways to get members more involved with their super. They spend significant time and resources developing communications […]

Geldof stirs industry to action

Sir Bob Geldof closed off proceedings at CMSF 2013 with a plea to Australia’s superannuation industry to invest in the developing world, particularly Africa. The activist also urged industry to increase engagement with its members to impact policy. “One of the things you should be doing [is] going to the developing countries. You should be […]
Investment Strategy

2013: another 3D feature

A year ago, in early 2012, the global economy was healing gradually. Growth rates in the developed world and some emerging markets were well below the long-term averages, if not actually negative. Investor confidence was fragile, with sentiment overshadowed by concerns over the banking system and public finance in the euro area. So, what has […]
Hedge Funds

Australia’s tax concessions rank low

New research from Mercer shows Australia’s after-tax retirement benefits are among the least generous when compared globally. The paper, Tax and Superannuation: Benchmarking Australia against the World’s Best Retirement Systems, also revealed that Australia’s concessional contribution caps, which Mercer says encourage long-term saving, are relatively low by global standards. The study, conducted from December 2012 […]

Maverick Video Series: Gonski

In the first of its Maverick Series, we interview David Gonski, chair of the Future Fund, in a six-part series. Here, Gonski talks about governance and his role as chair. David Gonski was appointed chair of Australia’s $80 billion sovereign wealth fund, The Future Fund, in April 2012 for a five-year term, he is also […]
Investment Strategy

Barangaroo – the Wall Street of Australia?

The $6-billion Barangaroo development on Sydney Harbour was set to be the “Wall Street or Canary Wharf” of Australia and become a new centre for the country’s financial industry, a seminar on the project has been told. Peter Collins, the former New South Wales Liberal Party leader who is the chair of the Sydney Financial […]