The unintended consequences of regulation

The latest round of legislation aimed at overhauling the system has been a challenging period for super funds which have been focused on launching low-cost default MySuper products, overhauling back office transactions through the SuperStream measures, while also improving governance and disclosure. Three-quarters of super fund chief executives recently surveyed by the Financial Services Council […]
Investment Strategy

Fundies divided on SMAs

Funds manager opinion is divided on the growth potential and value of separately managed accounts (SMAs), research from Aviva has revealed as the firm launches the superannuation industry’s first fully integrated SMA.
Hedge Funds

Future Fund and peers seek to be understood

A potential rise in “investment protectionism”, where countries tighten rules around the investments of sovereign wealth funds, is a major concern for the International Monetary Fund, according to the chair of the Future Fund board, David Murray.