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Harindra de Silva from Allspring Global Investments shares insights with James Dunn from The Inside Network on “What areas of the market are exciting and which are concerning?”
Mercer Super Trust’s merger with Westpac’s superannuation assets will prepare the retail fund for a new era of competition in Australia’s rapidly consolidating super sector. BT’s Personal and Corporate superannuation funds will be merged into the Mercer Super Trust in a successor fund transfer that will create a superannuation fund with $65 billion under management…
Your Future, Your Super (YFYS) is creating a two-speed system in unlisted property where the biggest funds are forced offshore and the smallest must play in their own backyard. That might soon change. It’s a testament to the idiosyncrasies of the YFYS performance test that super funds are still trying to figure out the best…
Inflation is making a latter day comeback, and a financial system “sanitized by 15 years of free money” is totally unprepared. It’s time, once again, for tough medicine. Inflation hasn’t been this high in 40 years, but investors have become convinced that central banks can still tamp it down it with relative ease – a…
One of the Coalition’s few surviving “super soldiers”, Andrew Bragg has called on his party to go further down the route of “flexibilising” super – if not abolishing it completely. Senator Andrew Bragg finds himself in a curious position following Labor’s election win. He’s one of the few super partisans to survive the teal clean…
Appen left at the altar A bizarre blink-and-you-missed takeover approach came and seemingly went for one of the local market’s tech leaders Appen, which develops the datasets for machine learning and artificial intelligence. Canadian company Telus International sprang a $9.50 a share bid on the company, which said it would talk to Telus to try to…
Investors are now fretting a recession to go along with a more volatile geopolitical outlook. But on that prospect, it’s the cooler-headed fundies that will prevail. One thing that’s obvious from the last few weeks of market movements is that fear is running things again. Inflation and rate rises have given way to talk of…
Custody competition in Australia is heating up as super funds disappear in a flurry of merger activity. But with the RBC transaction catapulting it up the ACSA tables, Citi says it’s ready to take on all comers. “If you’re not able to keep up, you slide into irrelevance,” says Okan Pekin, global head of securities…
Martin Carpenter’s “fantastic career” as Citi’s local head of securities services will draw to a close later this year. He’s got no set destination in mind, but there’s still plenty of travel on the cards. Carpenter’s 13-year stint as the head of Citi Securities Services for Australasia will conclude in the third quarter of 2022….
As Paradice’s emerging market equities strategy hits its three-year anniversary, the outlook for the asset class has never been more uncertain. But the local institutional appetite is voracious. From Covid to Common Prosperity, emerging markets have been roiled by upheaval in the last two years. And Russia’s invasion of Ukraine sent global markets into the…
Labor can do little to change the past. But a win in May could usher in a new era of co-operation between big super and the government. There were no surprises in shadow finance minister Stephen Jones’ speech to the 2022 ASFA conference. There is little that Labor can outright promise the industry aside from…
When it comes to geopolitics, investing isn’t as easy as “ESG”. With the prospect of sanctions leaving investors with stranded Russian assets on the balance sheet, several commentators have suggested this could all of have been avoided if those investors just took the “S” (social) and “G” (governance) in “ESG” more seriously. They believe that…
In the aftermath of Your Future Your Super (YFYS), members of dud funds still aren’t moving their super. And it’s not clear what the government and regulators can do about it. It sometimes seems that so much time was spent on implementing the contentious YFYS reforms that the question of what would happen to members…
Treasurer Josh Frydenberg’s proxy reforms have been blown out of the water. The question that remains is why they were ever proposed in the first place. The decision to disallow Frydenberg’s proxy advice regulations marks the end of a deeply weird saga where Treasury tried to annihilate an entire industry – that barely anybody had…
Harindra de Silva from Allspring Global Investments shares insights with James Dunn from The Inside Network on “What areas of the market are exciting and which are concerning?”
Harindra de Silva from Allspring Global Investments shares insights with James Dunn from The Inside Network on “What are the lessons from the market’s reactions to Covid-19?”
Harindra de Silva from Allspring Global Investments shares insights with James Dunn from The Inside Network on “Is the ESG rating now a stock’s most important metric?”
Harindra de Silva from Allspring Global Investments shares insights with James Dunn from The Inside Network on “Can the Fed avoid inflation becoming entrenched and maintain growth?”
All fund managers like to talk about protecting capital. At Ruffer Investment Management, it is a more embedded philosophy than most. The firm was founded by Jonathan Ruffer on the principle that “investors like making money, but they hate losing money more.” Ruffer is built to preserve capital for the long-term: centred on “absolute-return investing with a…
In a world of concept stocks and near-meaningless valuation metrics, the trick to beating the market might well be ignoring it. “Hedge funds aren’t supposed to be a high-risk proposition,” says Omkar Joshi, principal and portfolio manager of Opal Capital Management. “They do get cast in a bad light, and that’s because there’s been lots…
Passive funds have built momentum on the win-win premise of low-cost market benchmarked products but a new study confirms the undoubted winners of the seemingly unstoppable trend: indexers. Global index providers saw an aggregate year-on-year revenue increase of almost a quarter in 2021 as demand for passive products, notably exchange-traded funds (ETFs), soared over the…
Jeremy Grantham’s “wild rumpus” appears to have well and truly begun. But it might only be the beginning of a gloomy period for markets. Jeremy Grantham, chief investment strategist of GMO and part-time prophet of doom, has been unusually quiet of late. One would expect the severe market dislocation we’ve been experiencing since the start…
