Administration
Make or buy? Many decisions for super’s new value chain
Whether or not a super fund is better off outsourcing its back-office investment operations is not as straightforward as it used to be.
Raewyn WilliamsApril 26, 2017
back office
Unintentional
Turning investment operations into cash – AustralianSuper case study
AustralianSuper has made large savings on brokerage costs for futures contracts, in one of the latest ways its investment operations department is turning itself from a cost centre into a revenue generator. The move was prompted by members of its trading team who have been hired to join the in-house equities team at the fund. […]
David RowleyDecember 8, 2014
Investment Strategy
No large salary increases in 2014, despite increase in positive sentiment
Salaries for most back and middle office staff in superannuation funds will only rise in line with inflation in 2014, predicts specialist recruitment firm Robert Walters. The exceptions are for candidates in the areas of information technology and compliance. Andrew Hanson, director of financial services, market, sales and legal at Robert Walters, sees indications for […]
David RowleyFebruary 10, 2014
Investment Strategy
NAB’s Watson says local strength attracts clients
Leigh Watson, executive general manager for asset servicing at National Australia Bank, is filling a page with doodles with his employer at the centre. Watson, head down, drawing neat boxes on the paper in front of him, rejects suggestions Australia’s biggest custodian is losing its grip on its customers following decisions by QSuper and SunSuper […]
I & T NewsMay 18, 2012
Investment Strategy
Northern Trust leverages Future Fund expertise
In 1993 Northern Trust’s Steven Fradkin was looking for office space in Sydney. He liked the potential growth of Australia’s mandated-pension-fund market, but wasn’t certain that custodians could meet the demands of Australian tax and foreign investment-fund reporting in a quality way. “The market has always been attractive,” says Fradkin. “It is a more complex […]
I & T NewsMay 8, 2012