super funds

Investment Strategy

Funds prepping for independent appointments

Superannuation funds are lining up possible candidates and calculating costs in the widely held expectation that the Federal Government will make it mandatory to fill one third of boards with independent directors. Andrew Fairley, Chairman of Equip, expects a change within six months and said the new ‘one third’ independent director structure would be a […]
Hedge Funds

Super funds first in line for UK infrastructure

Superannuation funds with experience and skills in managing real assets stand a good chance of winning bids for UK infrastructure over investors with higher bids, a British trade envoy has said on a visit to Australia and New Zealand. Justine Allan, head of institutional investor relations at UK Trade and Investment, who recently met with […]
Investment Strategy

Super funds to act as Australian lenders

Super funds could join the big four banks as a major lender to Australian companies over the next few years. The impact of Basel II reforms, which require banks to hold greater amounts of capital for their riskier loans, has encouraged banks to seek partners for certain loans which have come up for re-financing since […]
Hedge Funds

Indonesia last destination for funds

For his first international trip since becoming prime minister, Tony Abbott has taken 20 business leaders representing sectors such as banking, finance, agriculture and infrastructure to Jakarta, but super funds see better opportunities elsewhere in Asia. Consultants, fund managers and superannuation funds say that the research has not been undertaken on Indonesia and there are […]
Insurance

Insurance summit reveals changing demands

Only a third of super funds have changed the insurance offer in MySuper products, an Investment Magazine survey has revealed. New benefits are being offered by 19 per cent of funds, while 14 per cent have merely adjusted existing offers according to age groups. The most common new benefit is total and permanent disability cover, […]
Hedge Funds

Ridout: not enough infrastructure projects

It’s a shortage of projects, not capital, that’s impairing Australian infrastructure, according to AustralianSuper chair Heather Ridout. Speaking at the Australian Centre for Financial Studies’ Funding Australia’s Future Forum, she said industry superannuation funds are best placed to invest in Australia’s infrastructure. “Industry funds are ideal vehicles because we have a relatively more passive investor […]
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