he said

Hedge Funds

“Online shopping” at Catholic Super

The $5-billion Catholic Super Fund has signed a deal with retail research house, Lonsec, to become the latest industry fund to offer a direct investment option to its 70,000 members. Catholic Super’s new platform, which is built on technology by OneTrust, will be available to members next year and will cost $25 per month plus […]
Investment Strategy

Unisuper to explore DC plus

UniSuper is considering a new type of accumulation fund that sits in between defined contribution and defined benefit. Any such fund would be offered as a choice to members, at its own cost, alongside its current accumulation fund. The option is to be discussed at a strategy meeting in February, based on a proposal based […]
Governance

Better governance can add 100-200bps

Australian super funds can gain an extra 100-200bps of return by overhauling their investment committees, Roger Urwin, global head of investment strategy at Towers Watsons has urged. Speaking at his firm’s annual ideas exchange in Sydney to an audience packed with chief investment officers, he described the change in governance since the GFC as incremental […]
Investment Strategy

Platinum picks: following the Neilson nose

Star stock picker Kerr Neilson isn’t afraid to admit when he’s wrong. Three years ago, he refused to believe that women would never want to buy their clothes and shoes online, only to watch internet-based retailers for women become the most popular websites in the world, facilitating enormous sales volumes daily. “Three-to-five years ago, I […]
CMSF

Dan Mori: do what’s right

Whether facing the enemy, or the first day of a conference, something will go wrong and you must have people within your organisation who can adapt and overcome, according to retired Lieutenant Colonel of the US Marine Corp, Dan Mori. Mori, who had a 28-year career in the US Marines including defending David Hicks before […]
Retirement

Industry funds deny low-cost status

Industry funds will not own the low-cost space post-Stronger Super and the industry should be prepared for the influx of bespoke products like SMSFs and individually managed accounts (IMAs), said Paul Watson, executive manager of member choice and advice at Hostplus. Speaking at last week’s Post-Retirement Conference, held by Conexus Financial in association with AIST, […]