What better year than this for Chant West to adopt a ‘sustainability’ theme for its super fund Awards night, going ahead on May 14, via livestream. It’s actually in the daytime, too. So, no need for a black tie or little black dress. Click here to register The finalists in the final two awards, each…
The investable world of class actions is hotting up. Just as one big administrator, Goal Group, established an Asia Pacific office in Melbourne last month, now another big firm, Financial Recovery Technologies, has recruited father and son Brian and Lachlan Slade, to aid its expansion. Brian Slade was formerly the head of Australia and New…
Two senior marketers have left their firms this month, Ian Perkins at BNP Paribas Securities Services and Phillip Filippelis from BNY Mellon Investment Management, both based in Sydney. Neither was free to comment last week. Perkins had been with BNP Paribas Securities Services since early 2014, most recently as ‘head of asset owners’ for Asia…
by David Chaplin Morninstar, formerly a minority shareholder in the world’s largest ESG research house, Sustainalytics, has bought the whole company for an extra A$300 million. The deal gives Morningstar a leg-up into the institutional space, which has been a weakness for the firm. Morningstar announced last week that it was acquiring the outstanding 60…
A recent client note from the big global technology company SS&C says there is a growing need for “flexibility, agility and resiliency” in both technology and operating models. While this might seem, at first glance, an obvious statement, it probably deserves some thought. The client note, ‘Future Super: The Need to be Flexible’ says that,…
by Alex Dunnin* In an endeavour to calm down the speculation around the COVID crisis and super fund liquidity, Rainmaker Information compiled a tally of March investment returns from 15 MySuper products run by not for profit (NFP) funds that declare daily unit prices or daily crediting rates. The results are that, in March, NFP super funds…
by Greg Bright Jim Savage and I were collaborating on an analytical article to attempt to ascertain the importance of luck in funds management. Suddenly, we may not be able to meet in person again for six months or more. But David Walsh, the gambler of MONA fame, has come to the rescue. His last…
Graeme Russell, the soon-to-retire chief executive of Media Super, has seen it all. On July 1, 2008, for instance, he was a trustee director of what was then JUST Super and a director of what was then the timber industry fund TISS. On that day, he was involed in two concurrent mergers with five funds…
by Denis Carroll* Group consensus is an amazing thing. How many times in the recent past, up until COVID-19 hit, have we heard expert commentators and fund managers tell us everything was looking good for a global recovery? Prior to the pandemic, the US continued to look strong going forward, Europe was making moderate gains…
Selvie Shaqiri has three main aims at her new job for Goal Group of Companies, running the APAC business for the global securities class actions recovery and withholding tax reclamation company: strengthen client engagement, improve efficiencies, and expand the business. Class actions are becoming big business around the world and especially in Australia, which has…
