investment managers

CIO profiles

The long haul at Commonwealth Bank Group Super

A limited range of asset classes held for the long term with little change in managers has generated 10-year average returns of between 7 and 9 per cent per annum for Commonwealth Bank Group Super’s investment options. Its returns and fees have won a steady trickle of awards, but the fund has not sought the […]

Maximising tax efficiency

There have been a number of studies that look at the after-tax returns of investment managers and conclude that for individual taxable investors, most managers do not generate enough excess return to cover the tax bill caused by the resulting capital gains tax. Superannuation funds have a lower tax rate than individuals, but the tax […]
Investment Strategy

Survey: concern about regulators grows

There is growing concern about government regulation among fund managers globally, a recent survey by Towers Watson has revealed. According to the annual Global Survey on Investment and Economic Expectations, fielded in November to December last year, more than half the investment managers surveyed see government intervention as the most relevant issue over the next […]
Investment Strategy

The new normal in investment management

In order to be bullish about their businesses, most investment managers need to take a long-term view. Globalisation, which involves the further integration of financial markets and economies, should promote the growth of pools of organised savings over the next decade or two. Because of ageing populations in developed and developing countries, demand for retirement-savings […]
Hedge Funds

Does reform spell the end for the OTC market?

The global reforms to the trading, clearing and settlement of over-thecounter (OTC) instruments have been well published and there is a pleasing level of industry awareness over both the requirements and the likely implications to business operations. However, many consequences of the reforms are yet to be fully identified and there is the risk that […]
Investment Strategy

CFA Institute survey: ethical vacuum drains trust

An absence of appropriate ethical culture at financial services firms has been the biggest contributor to the lack of trust in the finance industry, according to a global survey of CFA Institute members, which attracted more than 6000 responses. Matt Orsagh, director of capital markets policy at CFA Institute, says to restore integrity in global […]
Investment Strategy

Castlereagh and Son

Just when the play money was starting to run low, Castlereagh has cottoned on to one of the most brilliant investment managers he has ever known. The timing is perfect. My useless son has just finished his year-12 exams and after forking out hundreds of thousands for that Old School Tie over the years, I […]
Investment Strategy

Northern Trust bolsters team in “key market”

Northern Trust has announced ambitious plans to build its asset servicing business in Australia, with a significant increase in assets and the addition of new staff in its Melbourne office.   The custodian expects future growth in master custody and middle-office services for superannuation funds, investment managers, insurance companies and sovereign wealth funds.   Christopher […]