politics

Investment Strategy

Steve Bracks on Cbus growth

Steve Bracks will be stepping down from his role as chair of Cbus to take up the position of Australia’s consul general in New York in September for a three-year term. Bracks was brought in as a director and chair for the $22-billion fund just under four years ago, with Cbus experiencing significant change and […]
Hedge Funds

We’re all stakeholders, says Hermes CEO

It’s not common to sit in an industry seminar and hear a chief executive utter the words, “Firstly, let me appeal to your hearts”, yet this was the central currency to Hermes CEO Saker Nusseibeh’s keynote at last week’s environmental, social and governance-themed ACSI conference. Addressing a diverse industry crowd, with several major fund CEOs […]
Investment Strategy

Bill Shorten plans to bolster super governance

Bill Shorten says superannuation fund governance is lacking and he will put before parliament legislation to improve it this year. The Minister for Financial Services and Superannuation says he wants fund director fees disclosed and is seeking a better handling of related party transactions. Shorten also wants to bolster trustee board diversity. “The current superfund […]
Opinion

Super funds be wary: we’re in a period of engagement

As Michael Dwyer observed at the Fund Executives Association Ltd conference last month: fund members do not move their accounts, no matter how good or bad the performance, just as they never change their bank accounts. The chief executive of First State Super was exaggerating, of course, but most of his colleagues in the room […]
Opinion

Super funds be wary: we’re in a period of engagement

As Michael Dwyer observed at the Fund Executives Association Ltd conference last month: fund members do not move their accounts, no matter how good or bad the performance, just as they never change their bank accounts. The chief executive of First State Super was exaggerating, of course, but most of his colleagues in the room […]
Opinion

Super funds be wary: we’re in a period of engagement

Greg Bright As Michael Dwyer observed at the Fund Executives Association Ltd conference last month: fund members do not move their accounts, no matter how good or bad the performance, just as they never change their bank accounts. The chief executive of First State Super was exaggerating, of course, but most of his colleagues in […]
Opinion

Super funds be wary: we’re in a period of engagement

Greg Bright As Michael Dwyer observed at the Fund Executives Association Ltd conference last month: fund members do not move their accounts, no matter how good or bad the performance, just as they never change their bank accounts. The chief executive of First State Super was exaggerating, of course, but most of his colleagues in […]