Investment Strategy

Insourcing, outsourcing costs not too different

Australian asset managers who manage about $500 billion say there is little difference in the cost between managing front to back office operations internally and outsourcing such functions, says SimCorp. SimCorp, which provides investment and portfolio management software, says it surveyed 40 organisations including investment managers and software companies and found that many asset managers […]
Investment Strategy

ANZ Staff Super hires Mercer for admin…

Mercer is in the process of hiring 120 new positions across its outsourcing business to cater for a flurry of new super fund clients in recent months, including the $2 billion ANZ Australian Staff Superannuation Scheme which yesterday announced it had switched from Russell Employee Benefits to Mercer for administration and member services.
Investment Strategy

Post-retirement product innovation on its way, but superannuation funds not ready

Product innovation in post-retirement will be the next big thing in the superannuation industry, according to Paul Murphy, executive manager, marketing and business development at UniSuper, but Australia is lagging the rest of the world. Speaking at Investment & Technology’sinaugural conference – ‘Post-Retirement Solutions for Super Funds: Strategies for Keeping Members in Retirement’ – in […]