Super Salary Survey: Differences in Disclosure

What do the explanations for remuneration strategies given by funds reveal? The biggest clichés in super fund remuneration statements are that the trustees consult with independent external consultants to ensure pay is in line with industry standards and that incentive pay for CEOs and CIOs is based on key performance indicators (KPIs). Usually this is […]
CIO profiles

20% of chief investment officers out-earn chief executives

Ten super fund chief investment officers earned more than their chief executive in 2013/2014. Six of these earned more than their chief executive before bonuses, with the remaining four surpassing the chief executive because of bonuses. Jim Christensen, chief investment officer at Telstra Super, out earned his chief executive by $551,515, the greatest difference in […]

In the minds of super trustees

What is bothering trustees? Investment Magazine conducted an online poll that attracted a substantial and impassioned response, with several respondents sending us emails in addition to the poll pointing out the absence of climate change and hedging to avoid the climate bubble in the choices given below. Another put forward environmental and social governance issues […]
Investment Strategy

Fiona Reynolds farewells AIST

Conexus Financial recently hosted a farewell for Fiona Reynolds at Quay Bar in Sydney, as she departs AIST as CEO to take up the role of managing director of UNPRI, based in London. Watch our summary video below and for photos of the event, click here. For a full transcript of Fiona’s speech, click here.
Investment Strategy

Hastings Funds CEO Day pushes culture change

Last month Andrew Day, chief executive of Hastings Funds Management, brought most of his 100 colleagues, who work as far afield as London and San Antonio, Texas, to Melbourne to think about the infrastructure investor’s goals. For two days Hastings staff discussed how to transform the $6.5-billion fund manager into a more international company. “As […]
Investment Strategy

Treasury Group to add another asset manager

Treasury Group is looking for more acquisitions. After adding a seventh asset manager to its stable of boutiques, Treasury Group’s chief executive Andrew McGill expects to sign an agreement with an eighth asset manager before year end. “We’re in active dialogue with a number of parties,” says McGill. “I expect an announcement before the end […]