Boutique fund manager Alphinity has struck a partnership with the CSIRO to develop a new framework to assess responsible artificial intelligence practices and ESG considerations.
The collapse of a built-in bull market has put more pressure on asset managers according to a new report, which will need to make “transformational changes” to enjoy the profitability and growth of years past.
Industry super fund owned IFM Investors and ISPT are exploring a merger at the request of their shareholders amidst a challenging outlook for commercial property.
The last 12 months have been challenging for Australian Retirement Trust, but the amount of noise in the market has been “quite productive”. It’s also shown that when it comes to unlisted assets, price is more volatile than value.
Martin Fahy has stepped down as CEO of the Association of Superannuation Funds of Australia (ASFA) after seven years at the helm where he played a “pivotal role” in addressing the policy and regulatory changes of the period.
AustralianSuper CIO Mark Delaney believes the fund is harder on internal teams than external managers, but says that its unlisted property experience has been “the worst of all worlds”.
The crippling doom loop between the banks and the real economy we saw in 2008 is unlikely to feature in the coming recession, says Ruffer’s Jamie Dannhauser, who is more concerned about a violent liquidation in financial markets.
Those that have made high returns by overpaying for higher-risk/lower-quality credit have been lucky and credit conditions are unlikely to be so easy in the future, writes Michael Block. Now is the time to take a very thorough look at one’s credit exposures.
Genuine uncorrelated alpha is the holy grail of investments, writes Michael Block, but managers and strategies that can actually generate it are hard to find. So what’s a poor boy to do?
The scrutiny applied to internal managers rarely matches that applied to external managers, writes Rob Prugue. But underperformance is still underperformance, and if something goes wrong the member wears the risk.
Matt Christ from Ninety One shares insights with James Dunn from The Inside Network on whether investors should wait to get better certainty in regard to reporting, standards, and expectations for climate investing.
Matt Christ from Ninety One shares insights with James Dunn from The Inside Network on whether investors need to accept subsidized returns to deliver impact.
Matt Christ from Ninety One shares insights with James Dunn from The Inside Network on the most attractive attributes of EM debt as an asset class over the cycle.
Matt Christ from Ninety One shares insights with James Dunn from The Inside Network on how we actually get to Net Zero.
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.
“We believe in our story,” says Julie Lander. The CareSuper CEO chats to Greg Bright about mergers, diseconomies and spending money.
More damage is done by consensus longs than short reports that shake company valuations according to Perpetual’s Anthony Aboud, who argues that investors stuck in underperforming stocks would have preferred a second opinion when they bought it.
Scale is a double-edged sword but fund managers with the right model can make it work. And while other super funds are internalising as fast as they can, Aware Super will never completely abandon outsourced management.