returns

Investment Strategy

QSuper: champion of cohorts

Breaking the orthodoxy on how to invest default members might seem a risky career move, but Brad Holzberger is not showing any fear. “I do not feel under threat. We have the leadership of our senior management, the support and encouragement of the trustees. If I felt under threat, there is no way we could […]
Custody

Retirement: a cause worth working on

There are two things that drive the newly appointed global chief operating officer of State Street Global Advisors, Greg Ehret, in his bid to improve the client experience: the retirement business is a cause worth working on and the clients are the reason the business exists. Ehret was appointed to the new position at State […]
CIO profiles

The long haul at Commonwealth Bank Group Super

A limited range of asset classes held for the long term with little change in managers has generated 10-year average returns of between 7 and 9 per cent per annum for Commonwealth Bank Group Super’s investment options. Its returns and fees have won a steady trickle of awards, but the fund has not sought the […]
CMSF

Tax-managed equity index investing

Active tax management can be used to enhance after-tax returns of indexed Australian and international equity portfolios for superannuation funds. The systematic and prudent implementation of tactics such as capital-gains/loss management and holding-period management can add real after-tax value. Simulations and back tests carried out by Parametric consistently demonstrate added value in the range of […]
CMSF

Trustee of the year takes swipe at APRA

The winner of the trustee of the year award used his acceptance speech to take a swipe at over-regulation, which he said only served to make his duties harder. Gary Clifford, trustee director of the Fire and Energy Services Superannuation Fund, whose colleagues knew he was receiving the award but had not told him, said […]
CMSF

Maximising tax efficiency

There have been a number of studies that look at the after-tax returns of investment managers and conclude that for individual taxable investors, most managers do not generate enough excess return to cover the tax bill caused by the resulting capital gains tax. Superannuation funds have a lower tax rate than individuals, but the tax […]
Investment Strategy

Private equity beats the stock market

Private-equity returns have outperformed investments in the stock market over the past decade, according to Cambridge Associates’ Australia Private Equity and Venture Capital Index. In the 10 years to December 31, 2011, Australian private-equity net returns were 7.5 per cent per annum. The S&P/ASX 300 Accumulation Index rose 6.1 per cent per year during the […]
Investment Strategy

AGF to host superannuation funds in New York

Canada’s AGF Management, which manages about $45 billion, has opened a Sydney office that will seek to attract Australian superannuation and individual investors into its funds. As part of its efforts to attract money, Toronto-based AGF will host 12 Australian superannuation funds in May in New York. There it will present details of its investment […]
<1of43>