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 […]
Kate HageJune 2, 2014
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 […]
Kate HageMay 23, 2014
The percentage-based MER should become a thing of the past, and performance fees should combine with a flat-dollar cost-recovery base fee if funds managers are to be motivated in a more sustainable way, writes Frontier Investment Consulting’s managing director, Fiona Trafford-Walker .
Staff WriterNovember 30, 2009