house

Hedge Funds

AustralianSuper weathers fund manager hostility

Mark Delaney, chief investments officer of AustralianSuper has sought to calm fund manager hostility to his fund’s rolling plan to manage money internally. This follows a formal announcement by the fund that managing a proportion of equities, property and infrastructure in-house will eventually deliver savings of $150-million per year (or 15bps) on external fund manager […]
Hedge Funds

Ethical bond for NGS Super

NGS Super has invested $500,000 in a social benefit bond run by Social Ventures Australia and is planning to launch a broader, more diversified ethical option for its members by early 2014. NGS chief executive Anthony Rodwell-Ball said the new bond ticked all the boxes from an investment perspective, and he believes there’s a reasonable […]
Hedge Funds

UniSuper: in defiance of accepted thinking

Mention any asset class to John Pearce and he will doggedly set out the good and bad thinking around it. A common source of his ire is the sight of investors herding around a belief based on a lack of rigorous thinking. Good practice for him involves standing up to accepted thinking or at the […]
Custody

Cbus doubles investment team

Cbus has appointed Grant Harrison as investment manager of private markets in its move to boost inhouse investment resources. Kristian Fok, executive manager of investment strategy, says the fund is likely to finalise four more appointments in the next few weeks, expanding the analyst team. The additions follow an injection of 15 new staff, the […]