Offshore is becoming attractive for funds willing to look outside the traditional staples of the asset class as long as they have the right team picking the right assets, a panel of consultants has discussed.
The Australian Catholic CIO used all his discretion to maintain an underweight position in risk assets before recommending a deployment of cash into equities and credit in what turned out to be the most valuable superannuation fund trade of 2020, Matthew Smith writes.
Members might end up being stranded in funds that become undesirable to potential suitors because they have a chance of underperforming over multiple years or hold poor preforming assets relative to a listed benchmark, new research shows.
Superannuation funds are lining up possible candidates and calculating costs in the widely held expectation that the Federal Government will make it mandatory to fill one third of boards with independent directors. Andrew Fairley, Chairman of Equip, expects a change within six months and said the new ‘one third’ independent director structure would be a […]
AustralianSuper has ramped up the day-to-day responsibilities of its asset class heads and investment committee, as its board switches its focus to strategy decisions. Chief investment officer Mark Delaney said it’s a move that is already paying off after he collected AustalianSuper’s award for Best Fund, Investments at the Chant West and Conexus Financial Super […]