independence

Governance

The virtues of board independents disputed

There is no empirical evidence that forcing independents on to boards of directors will improve the level of decision-making, a leading academic has told the superannuation industry. The point was made by Sally Wheeler, a professor of law at Queen’s University in Belfast, at briefings held by the Australian Super Funds Association (ASFA) in Sydney […]
Governance

HOSTPLUS to offer “soft merger” platform

HOSTPLUS is inviting smaller funds to join them in a “soft merger” by giving access to its investments in a pooled superannuation trust. The fund is building a platform, which it hopes to have ready by the end of the year, that will give other fund and SMSFs access to each investment on a unit […]
Unintentional

Catholic by name, catholic by nature

In his seventh year as chair of Catholic Super in Victoria, Peter Bugden can comfortably say he’s witnessed notable growth in the fund. What first began in 1971 as a niche offering to Catholic school employees is now an Australia-wide public offer fund, with around $5 billion under management following a period of growth – […]
Administration

De-regulation: the unlikely saviour of governance

De-regulation, not regulation, and less of a focus on independence within boards could be the answer to governance concerns that have arisen from the financial crisis, a Professor of finance from The University of Queensland argues in a new book published by SimCorp Strategy Lab. Renee Adams, Professor of finance at UQ Business School in […]
Administration

De-regulation: the unlikely saviour of governance

De-regulation, not regulation, and less of a focus on independence within boards could be the answer to governance concerns that have arisen from the financial crisis, a Professor of finance from The University of Queensland argues in a new book published by SimCorp Strategy Lab. Renee Adams, Professor of finance at UQ Business School in […]
Hedge Funds

Future Fund and peers seek to be understood

A potential rise in “investment protectionism”, where countries tighten rules around the investments of sovereign wealth funds, is a major concern for the International Monetary Fund, according to the chair of the Future Fund board, David Murray.
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