Investment Strategy

Eliminating commercial interests from awards

The process for shortlisting finalists in the third annual Conexus Financial Superannuation Awards was setup with the express purpose of eliminating commercial interest from the decision making procedure, Colin Tate, chief executive of Conexus Financial said. Tate said what separates these awards from others in the superannuation sector is the independent nature of the selection process. “The […]
Hedge Funds

Three funds move into social impact investment space

The $31 billion QBE investment portfolio is to place $100m in social impact bonds in the belief that opportunities for such investments will expand greatly in the years to come. It is part of a general move to diversify assets in the QBE portfolio, which until now has been dominated by developed world government and […]

Numbers moving to SMSF stalls

David Atkin, chief executive of Cbus has declared the growth in members of industry funds leaving for self-managed super funds at an end. The announcement comes the same day the scheme launches a member direct platform to cater for large account holders who want to manage their own investments. “Members moving to SMSF is an […]

Average operational costs per member rising

Operational costs are on the rise and on a per member basis have nearly doubled in ten years, shows analysis carried out by consultant group Bridge. APRA data on operational and administration costs and released in January shows that in 2004 the average per annum amount spent on operational costs per member was $94, but […]
Investment Strategy

Tasmania super merger edges closer

The first stage in the potential merger of all three prominent Tasmanian based superannuation funds drew a step closer after Quadrant and Tasplan agreed merger talks. The two funds are to enter into a Heads of Agreement to investigate whether a merger would create an improved provision of superannuation services to the members and employers […]