omega

Investment Strategy

New chair at LGS promises more growth, ESG

New Local Government Super (LGS) chair, Bruce Miller, says the superannuation fund is focused on growth post-global financial crisis (GFC), with the board open to potential mergers and its attention fixed firmly on environmental, social and governance (ESG) investment strategies. Miller, a former Cowra Shire mayor recently elected for a two-year term, said the $7-billion […]
Hedge Funds

LGS strengthens ESG suit with Hermes mandate

Hermes Fund Managers has been awarded a $90-million environmental, social and governance mandate by Local Government Super for a developed-world equities fund. Hermes director, Ian Manton-Hall, told IM Online that the fund was similar to another of the firm’s funds for core investor, the BT Pension Scheme, but with some particular overlays specifically for Local […]
Investment Strategy

Great Depression times three, or credit’s the place to be

Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:””; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:”Times New Roman”; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} Financial markets are pricing in corporate credit default rates more than three times higher than during the Great Depression, meaning super funds that invest […]
Investment Strategy

Great Depression times three, or credit’s the place to be

Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:””; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:”Times New Roman”; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} Financial markets are pricing in corporate credit default rates more than three times higher than during the Great Depression, meaning super funds that invest […]
<1of2>