When you’re handing out billion-dollar mandates, managers will “part the sea for you”. But there’s more than just returns to be weighed when answering the question of what makes a good external manager relationship.
A coalition of Australian and British pension funds representing A$3.25 trillion of workers’ retirement savings has called on the Starmer government to reform policy settings so they can tip more money into the energy transition in the UK.
BNP Paribas Securities Services has released its European road-tested ESG compliance tool in Australia and NZ amid a step-up in regulatory oversight of sustainable investment practices in the region.
Even established asset managers are under threat from the violent shift towards low-cost investment vehicles, while allocator preference for platform businesses means they must also bulk up in the private markets.
Andrew Lill has stepped down as chief investment officer of the $86 billion Rest, bound for parts yet unknown. The fund he leaves looks very different to the one he joined.
Authorities have had enough of greenwashing excuses, and they’re lobbing record fines at transgressors. Funds will have to lift their game.
Markets are expensive, driven by powerful forces which want to turn a 40 year bull market into the first ever 50 year one. That trend is not one to embrace, and standing in its way could put investors in dire straits, writes Jonathan Ruffer.
Megafunds are set to control trillions in member savings, but there’s still more questions than answers about the future direction and shape of the superannuation system.
Australia’s sovereign wealth fund’s prediction of a tough year for investors didn’t come to pass, but they’re not the only well-resourced manager that missed the mark. For investors, this period is a reminder that investment patterns may exist, but markets certainly aren’t beholden to them.
The Your Future, Your Super performance test is now redundant. The superannuation industry, and its regulators and policymakers, must figure out what comes next.
Varun Laijawalla from Ninety One shares insights with James Dunn from The Inside Network on what investors are suited to emerging markets.
Alex Lennard from Ruffer shares insights with Laurence Parker-Brown from The Inside Network on whether the previous strategies will continue well in a new regime.
Wenchang Ma from Ninety One shares insights with James Dunn from The Inside Network on any substitute for going out and meeting companies on the road.
Alison Shimada from Allspring Global Investments speaks to Giselle Roux from The Inside Network on responsible investing in EM.
Hostplus’ young demographics and the mandatory nature of superannuation means it gets “a free kick before every game”. But CIO Sam Sicilia says funds must keep questioning the assumptions that underpin the superannuation system and their relationship to it.
Australia’s largest homegrown asset consultant is plotting an expansion further beyond its traditional superannuation clients, while consolidation in the industry is changing the way they work.
Member switching and top-down regulation mean Australia’s super funds will face more bumps on the road to the “Canadian model” of heavy private markets allocations than the Maple Eight pensions they’re so keen on aping.
The Magnificent Seven are likely riding into bubble territory but investors might yet avoid a bloody showdown, according to a new analysis by Dutch quantitative manager, Robeco.
