Fast, custom advice a reality

Technological advances in scaled advice in the US mean investment plans are being finalised in as little as three days, unlike the six to eight weeks common in Australia, according to Vanguard. Growing use of paperless procedures, programs that automatically calculate wealth management plans and video conferencing have all sped up the process. Karin Risi, […]
Hedge Funds

Smart vanilla at Kinetic Super

A $2.34-billion fund with only three investment professionals should be run with a strict focus on maximising where you can make a difference and keeping it simple and standard where you cannot. This means deriving most returns from smart asset allocation rather than stock or manager selection, and it means placing a large slug of […]
Investment Strategy

Evolution at Vanguard, Plum and IFM

Vanguard has announced that Greg Davis, principal and head of bond indexing in Vanguard’s fixed income group, will assume the chief investment officer role for the Asia Pacific region in 2013. Davis, who has been with Vanguard for 13 years, currently has responsibility for managing in excess of US$240 billion in bond index portfolios. He […]
Investment Strategy

Active management to the fore

Global share markets are entering a protracted period in which active management will come to the forefront, MLC’s head of equities and acting chief investment officer, Jonathan Armitage, says. MLC recently rejigged the fund manager line-up of its $1.2-billion Australian Share Fund, reducing the number of managers it employs and removing a passively managed component […]
Investment Strategy

Vanguard attracts individual investors

Vanguard is seeking to bolster its funds under management to capitalise on widespread disillusionment with active managers. “Institutional investors have embraced and understood our approach for many years,” says Joseph Brennan, chief investment officer, Vanguard, Asia Pacific. “The adviser and retail community are now more interested in index options” because regulatory pressure is seeking to […]
Hedge Funds

Local Govt Super to 'index' for itself

The $6 billion NSW Local Government Super (LGS) plans to manage an international equities portfolio internally from next month, using a systematic enhanced indexing methodology that may eventually allow it to replace active managers.