lifecycle

Hedge Funds

Letter to the editor from Brad Holzberger

I read with interest David Rowley’s column on 26 October entitled “Selling Lifecycle”. David referred to me as an advocate of lifecycle investing for default accumulation funds, using the terms “evangelical” and “faith”. I actually fully support the conclusion of David’s column but would take a bit of exception to those two terms. They have […]
CIO profiles

David Bell to become AUSCOAL CIO

The independent investment consultant David Bell is to become the first chief investment officer of AUSCOAL Super. One of his key tasks will be to fine tune the $7.9 billion fund’s lifecycle strategy and to create a pension product for members, whose average age is 42 – though many retire at 55. Based in Sydney, […]
Hedge Funds

Retail funds to compete on price not diversity

Liquidity constraints and a desire to compete on price is leading retail funds increasingly diverging from industry funds, according research firm Chant West. Warren Chant, director of Chant West, was speaking in advance of a presentation on the 81 MySuper products launched so far at the Fiduciary Investors Symposium in Victoria November 18 to 20. […]
Unintentional

MySuper: cause and effect

Ross Jones, deputy chairman of Australian Prudential Regulation Authority, has an unswerving belief in the good that MySuper is bringing. Finding others who agree with him is hard. Leading industry figures spoken to for this article take a more jaundiced view. They say, if anything, compliance has held up funds’ plans to innovate and bring […]