This year’s top 10 stories included a peek into AustralianSuper’s international equities build out in London, AMP’s move to slash employee benefits, and plenty of hard-hitting analysis of the issues that matter in institutional investment. But the real story is how readers helped shape all of that coverage.
Orbis’ Stuart Place is riding from Melbourne to the Moon and Back to fund a treatment for the “monster of a disease” that his youngest son was born with. The investment industry is rallying behind him.
Governance, transparency and pension funds
Big pension funds often rail about the governance of the companies they invest in. But what about their own? Benjie Fraser, a governance expert, focuses on Asia Pacific funds compared with European ones at the IO&C Conference in Shanghai, April 29-30.
Fraser, a managing director of JP Morgan Worldwide Securities Services, Europe, says: “The Global pensions are underpinned by a mixture of serious reform and continued policy debate.
“Globally, perhaps, there are two worlds: a world where adequate savings is viewed as mandatory and a world where saving enough is still a matter of coercion.With a rapidly ageing world these two ways of operating a system fit-for-purpose are likely to evolve and increasingly share best practice.
“In the meantime what is clear is that pensions are creating a confluence of interests around structures, governance and trends.”
- Confluence of Trends and Reforms
Fraser says: “The outcome we are already seeing is a move towards far greater transparency in the way the industry runs itself.”
