Peter Rowe

Investment Strategy

Small fund custodial fees to rise

Small superannuation funds should expect significantly higher custody costs in the next few years as custodians leave the market, a leading consultant has warned. Drew Vaughan, director of Dymond, Foulds and Vaughan, believes that eight players in the Australian market (NAB Asset Servicing, J.P. Morgan, BNP Paribas, State Street, Citigroup, Northern Trust, HSBC Bank, BNY […]

Transforming custody

Superannuation funds would like their custodians to be providing more liquidity and stress testing of their assets. Partly this is being driven by regulation, partly by trying to make sense of increasingly diverse and dynamic portfolios. It is also important in calculating the management expense ratios needed for MySuper on product dashboards. The following quotes […]
People Moves

Vision Super seeks permanent chief

Melbourne-based Vision Super has started a search for a permanent chief executive with a view to making an appointment by Christmas. Peter Rowe, who has served as acting chief executive since Rob Brooks left the role last year, will be interviewed and is keen on retaining the role. The Vision Super board has hired a […]