The chair of the $17 billion Australian Reward Investment Alliance ended her six-year tenure at the public sector funds last Monday, but there’s been no comment from the scheme or its sponsor, the Department of Finance, on her achievements or her replacement.
Staff WriterAugust 3, 2009
Jim Franks, director of investment consulting in Australia with Russell Investments, describes the market that his clients are confronting as “foreign in anyone’s experience”. Looking ahead, it “will be substantively different from what we’ve experienced in the last generation”. Funds have incurred losses in almost all asset classes, and the rigidity of long-term portfolio settings, […]
Staff WriterMarch 2, 2009