due diligence

Hedge Funds

New member-research mode at Equipsuper

Equipsuper will be rolling out a brand new insights program over the next year, based on new methodology to conduct member research. Geoff Brooks, executive officer of strategic marketing and communications at Equipsuper, said the fund is conducting roundtable discussions to determine what they need to measure as a business and design research that will […]
Hedge Funds

Ethical bond for NGS Super

NGS Super has invested $500,000 in a social benefit bond run by Social Ventures Australia and is planning to launch a broader, more diversified ethical option for its members by early 2014. NGS chief executive Anthony Rodwell-Ball said the new bond ticked all the boxes from an investment perspective, and he believes there’s a reasonable […]
Hedge Funds

Three ways to better manage non-financial risk

The recent financial crisis shed light on a number of new sources of risk. On the one hand there was the extreme correlation between the real estate mortgage and equity markets, and on the other hand the extreme price sensitivity of all assets to the counterparty and liquidity risks of the financial system with respect […]
Administration

STP saves time, risk and cost

Since the advent of mainframes in the financial services sector, the term straight-through processing (STP) has been with us to describe the ongoing integration of the front, middle and back offices, connecting parties to each trade electronically in order to reduce inefficiencies – and risk. By allowing the automatic transfer of information from one part […]
Investment Strategy

Castlereagh and Son

Just when the play money was starting to run low, Castlereagh has cottoned on to one of the most brilliant investment managers he has ever known. The timing is perfect. My useless son has just finished his year-12 exams and after forking out hundreds of thousands for that Old School Tie over the years, I […]
Custody

Due diligence of fund
managers overlooked

The responsibilities of superannuation trustees are many and varied. One of these responsibilities is being accountable for the robustness of the risk, compliance and operational processes of service providers appointed by the fund. The position of the Australian Prudential Regulation Authority (APRA) on this matter is very clear. Accountability for any functions, including investment management, […]