Hedge Funds
Ready for what’s going down
Volatility and downturns lie ahead, nearly all analysts agree. superannuation funds need to leverage their long-term horizons.
Rachel AlembakisDecember 6, 2018
GFC
Hedge Funds
Era of ‘expand and pretend’ can’t last forever
Author Satyajit Das told a recent Investment Magazine conference the world is “playing an elaborate game of financial masturbation".
Mark StoryOctober 31, 2017
Industry View
The GFC: 10 years on, a long-term view remains vital
Industry super funds have learned valuable lessons about preparing members for the tough times, REI Super chief executive Mal Smith writes.
Mal SmithOctober 19, 2017
CIO profiles
Cbus’ winning partnership – Trish Donohue and Kristian Fok
The duo in charge of investments at Cbus Super dish the details on their ambitions for the fund.
Sally RoseApril 6, 2017
Hedge Funds
Members’ market fears calmed
Funds experienced a higher than usual number of members switching out of growth assets in the market turmoil of the past few weeks, but nowhere near as high as the switching levels of 2008. Better communications have been attributed for the lower levels of switching as US markets experienced one of their largest ever one […]
David Rowley and Dan PurvesAugust 31, 2015
Hedge Funds
New Zealand Super Fund takes advantage of changing liquidity premiums
Changing liquidity premiums and a long time horizon allow the NZ$29 billion sovereign wealth fund, New Zealand Super Fund, to access new investment opportunities. Liquidity premiums are appearing in niches because of the changing activities of the banking sector, essentially in areas where investment banks, brokers and hedge funds were actively involved pre-GFC. “One of […]
Dan PurvesMay 28, 2015
Hedge Funds
Future Fund puts high-fees to work
The Future Fund is favouring labour intensive, and therefore higher fee, strategies in areas where too much capital has been flowing to generic low-fee strategies resulting in high prices and low returns. David Neal, managing director of Future Fund, clarified to delegates at ASFA Investment Interchange that fees across the asset management industry are “too […]
Dan PurvesMarch 30, 2015
Investment Strategy
Institutional funds destined to become international power brokers
Superannuation funds and institutional investors worldwide are due to have a bigger impact on the way government and our society is run over the next 10 years, predicts Ross Barry, head of research at First State Super. Barry, whose recent book Crisis and Complexity, charts the change in economic theory through each major financial crisis […]
David RowleyFebruary 9, 2015