Conexus Financial Fiduciary Investors Symposium

Hedge Funds

New proposal for defining a defensive asset

Defensive assets should be determined on an individual asset basis, rather than on an asset class level, delegates heard at the Conexus Financial Fiduciary Investors Symposium. Paul Caskey, chief investment officer of the South Australian work injury insurance scheme ReturnToWorkSA, presented a new formula for helping to determine which funds could be included in the […]
Governance

Super Salary Survey: How do they line up?

Two philosophies dominate superannuation remuneration – those who believe top dollar and bonuses attract the best, and those who believe this is the antithesis of the profit-to-members ethos John Pearce, chief investment officer of UniSuper, was the highest paid employee in industry superannuation in 2014.  In a not-for-profit sector where there is widespread unease at high […]
Hedge Funds

Think before jumping back into EM: Sunsuper

Don’t expect economic growth to translate into emerging market equity returns: that’s the warning from one of Australia’s investors as stock valuations begin to look more attractive. Joshua Bloom portfolio manager of Sunsuper described the five years up to 2003 as “quite special” and a boom that could not go on indefinitely into the future. […]
CIO profiles

Super CIOs in joint call for a more equitable society

Greater co-operation of superannuation funds is needed to check growing wealth inequality, leading chief investment officers told delegates. The call arose in a discussion of Thomas Piketty’s best-selling finance book Capital in the 21st Century and its warning that the rate of capital accumulation is growing faster in western societies than the economy. This, Piketty […]
Investment Strategy

The rise of smart beta

A growing understanding of how smart beta works is exposing the way some managers are charging high fees for the same product and labeling it as active, claims Towers Watson. The remarks were made in a presentation to leading institutional investors at the Conexus Financial Fiduciary Investors Symposium in the Blue Mountains, by Hugh Dougherty, […]