Australian Institute of Superannuation Trustees Australian Superannuation Investment conference

Custody

Fees not fair enough yet

Negotiate harder and be prepared to walk away if you cannot agree a fair fee structure that meets your needs, Fiona Trafford-Walker of Frontier Advisors told delegates of the Australian Institute of Superannuation Trustees Australian Superannuation Investment conference. She said the growing size of mandates was not being properly matched in lower fees. To make […]
Hedge Funds

Direct investment option at AustralianSuper

AustralianSuper has declared bullish growth projections for its direct investment option (DIO) from 12,500 to 50,000 members as its retirement membership grows. The platform, which gives members the freedom of a self-managed super fund in an insured setting, currently manages $700 million for 12,500 members, who hold a further $900 million with the main fund. […]
Hedge Funds

VicSuper starts stress-testing system

VicSuper is introducing a stress-testing system for its assets that will help manage risk on idiosyncratic allocations, such as its recent tailored fixed-income portfolio. Last year the fund moved from a passive index allocation to a tailored, global fixed income index, created with index provider, Barclays, and its principal fixed income manager, BlackRock, to reflect […]