Investment Strategy

Member engagement could hurt super returns: ISN

The Henry and Cooper reviews of the superannuation industry should consider the implications for portfolio construction of having too many active and engaged members, including the prospect of funds being forced to adopt a more conservative asset allocation which coud ultimately hurt their returns, a major industry body has argued.
Investment Strategy

AMP sacks ING, Barclays, BT – hires self

AMP’s $5 billion Signature Super corporate master trust has culled $60 million worth of single-manager investment options with ING Investment Management, Barclays Global Investors, and BT Investment Management, transferring members into its own Future Directions funds.