economies of scale

Hedge Funds

Silk: cost savings a moral imperative

AustralianSuper’s shift to running a third of its assets in house by 2018 will add $180 million to members’ returns, says chief executive Ian Silk, who sees the move as a moral imperative. The fund is setting up internal teams to run Australian equities, property and infrastructure this year and will steadily take on other […]
Governance

HOSTPLUS to offer “soft merger” platform

HOSTPLUS is inviting smaller funds to join them in a “soft merger” by giving access to its investments in a pooled superannuation trust. The fund is building a platform, which it hopes to have ready by the end of the year, that will give other fund and SMSFs access to each investment on a unit […]