investment performance

Opinion

Peer group risk: The industry’s worst kept secret

Some funds are open and acknowledge their peer group focus, espousing that industry awards and new members are won through a competitive process and performance relative to peers needs to be actively managed. For other super funds, peer group risk management is undertaken behind closed doors, David Bell writes.
Governance

Lally one of highest paid super executives

Former Sunsuper chief executive Tony Lally was paid more than $811,000 in remuneration in his final year at the fund. The $24-billion fund’s 2013 financial statements show him to be one of the industry’s highest paid executives. The average fund chief executive received a 5.7 per cent pay rise to $333,087 in 2012-13, according to […]
Hedge Funds

Online service most highly rated

HESTA was the top-scoring fund in a survey of member-satisfaction levels carried out by CoreData Consulting, which has highlighted the need for more tailored member communications. Four out of five members (79.5 per cent) surveyed said they were satisfied with HESTA, compared to an average rating of 62 per cent for all funds after respondents were […]
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 […]