Some people love change. Many resist change as an unwelcome reshaping of their pleasant personal landscape. Others reckon you have to wrestle with it, even if you don’t like it. They make the most of their efforts to improve things. Put me in the first and third categories. We groan and grumble that governments and […]
Gerard NoonanApril 22, 2013
The challenge: combine investment data with member-specific details and present the particular information in a way that satisfies the needs of regulators, internal auditors and accountants. Currently, super funds have to collect around 900 data items on a regular basis to satisfy the needs of the Australian Prudential Regulation Authority (APRA). With effect from July, […]
Andrew HutchingsMarch 4, 2013
Acting chief executive of Media Super, Michael Rooney, is frustrated by the lack of data transparency of some of its service providers as the fund takes greater control of risk monitoring. Rooney says the fund is in the process of obtaining more indepth investment information for its annual reports. This is part of a two-phase […]
Amal AwadFebruary 18, 2013
Pressure from regulators and investors on asset-management companies to improve the transparency of their reporting will only increase, says Peter Hertel, an executive at financial software company Sim Corp. “There is pressure to provide information to investors as if they have invested directly,” says Hertel. Many investors, including Australian superannuation funds, invest in pooled groups […]
I & T NewsJune 1, 2012
Third party marketer Apostle Asset Management has hired a former employee of Renaissance Investment Management in the UK to a client servicing role, and is looking to beef up its global equity capability by expanding its fund manager line up.
Staff WriterAugust 10, 2009
Bold as brass, Wall Street firms are again talking big bonuses. However, a proposal that Australian super funds are being urged to sign would give shareholders of US public companies more of a say in the matter, FIONA REYNOLDS writes.
Staff WriterAugust 5, 2009