Systemic risk in the superannuation system likely doesn’t stem from funds themselves, but from their service provider relationships. Regulators need to be thinking harder about where and how it arises – something they’re not necessarily well set up to do.
Big asset owners and managers are embracing the private markets as one avenue for growth, but the complexity that brings to portfolios means they also need to get a better view of what might be decades of siloed information.
Vanguard strengthens strategy and research
Vanguard Asia Pacific has seconded a senior investment analyst from the US, Jeffrey Johnson, to oversee its investment strategy and research team based in Melbourne. He will have a team of four analysts and economists.
The team’s revamp is designed to promote and enhance Vanguard’s reputation for thought leadership in investment-related issues and as a provider of investment research and strategy. Johnson relocates to Melbourne in the new year.
Johnson joined the Vanguard Group in 2000 as a senior investment analyst in the portfolio review department where he was responsible for fund and manager oversight, due diligence on prospective managers, product management and development, institutional client service, and co-management of a team of investment analysts.
Announcing the appointment last week, Joseph Davis, Vanguard chief economist and head of the global investment strategy group, said: “Vanguard is committed to providing market-leading investment research in the various international markets in which we operate.”
