sector

Hedge Funds

LGS increases Aussie equities risk

Local Government Super (LGS) has converted a passive mandate to an enhanced passive mandate with State Street in a move to increase its active risk. The fund has awarded the manager a $780 million active Australian equities mandate. Chief investment officer Craig Turnbull told IM online the fund is giving State Street “more scope” on […]

Amal AwadJuly 29, 2013

CMSF

Funds vow to fight SMSF exodus

Leading superannuation funds are preparing to strike back against the appeal of self-managed super funds (SMSFs) by offering inhouse self-managed options to members. In a panel session which revealed how SMSFs now represent 32 per cent of all superannuation funds, larger than any other sector, HOSTPLUS said it would be offering members a self-managed investment […]

David RowleyMarch 21, 2013

CMSF

Board independence under Q&A microscope

Not unlike a typical edition of ABC’s Q&A, host Tony Jones moderated a robust discussion on yesterday’s Super Q&A panel. Opening CMSF 2013, the panel debated a potential leadership spill in Labor, super reform fatigue and executive pay disclosure. Perhaps most controversial was the debate on equal representation on boards, with Garry Weaven, chair of […]

Amal AwadMarch 20, 2013

Investment Strategy

AustralianSuper’s diet is more mergers

AustralianSuper, the $42 billion fund, may seek to merge with public sector funds.

I & T NewsDecember 16, 2011

Investment Strategy

Private equity tops the stock market

Australian private equity returns have been better than the stock market over the past decade and over the last five- and three-year periods, says a survey by Cambridge Associates LLC.

I & T NewsNovember 15, 2011

Investment Strategy

Super funds will struggle to cut costs further

Warren Chant, a director of a research firm that focuses on superannuation, doubts whether any superannuation fund can achieve a 66 basis point cost per member as targeted in the Cooper Review of superannuation.

I & T NewsNovember 1, 2011

Investment Strategy

Sisson envisages spending rest of career at Templeton

Andrew Sisson, who sold his Balanced Equity Management to Franklin Resources Inc. on June 21, said he expects to spend the rest of his career at the $735 billion asset manager.

I & T NewsJuly 5, 2011

Investment Strategy

Giving Medicare the clearing house could be a hospital pass

The Federal Government’s choice of Medicare as its free super clearing house for small businesses has baffled private service providers, who say the hasty decision smacks of a Band-Aid applied hastily to cover election promises . However, the Association of Superannuation Funds of Australia (ASFA) is cautiously optimistic that “SupiCare” (as industry wits have dubbed […]

Staff WriterNovember 30, 2009

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