Andrew Lill has stepped down as chief investment officer of the $86 billion Rest, bound for parts yet unknown. The fund he leaves looks very different to the one he joined.
AMP will reduce the headcount across its superannuation and North platform businesses and press ahead with changes to its redundancy policies even as the Finance Sector Union warns that “staff deserve better”.
True diversification means owning assets that are truly uncorrelated. But that fact hasn’t stopped big investors from piling into the private markets while pretending that the Fed Put can protect their public portfolios.
Investors obsessing over short-term data points are bound to miss the real changes in the companies they’re buying, according to PineBridge, which is peering beyond the macro for “great, durable investment themes”.
Megafunds are set to control trillions in member savings, but there’s still more questions than answers about the future direction and shape of the superannuation system.
The circa $350 billion AustralianSuper has appointed its first chief liquidity officer to drive the development and implementation of its liquidity strategy as it tries to “get ahead of the curve” of risk management across its portfolios.
China’s reduced dominance in the emerging markets has changed the composition of the index, providing greater choice and diversity for investors as supply chains relocate and Asia becomes the world’s AI factory.
Perpetual, Victor Smorgon Partners and Rixon Capital took out some of the top gongs at the Australian Alternative Investment Awards, but the big win was for those who have worked tirelessly to professionalise Australia’s hedge funds landscape.
Client alignment, investor psychology and clashing fee streams are top concerns for Leda Braga, CEO of Systematica Investments, who says that poor decision making around drawdowns is still rife in the market,
Being a truly long-term investor means you can usually rise above market noise. But even investors with a 100-year time horizon need to think about the meta-trends emerging today to prepare their portfolios for tomorrow, according to Oppenheimer Generations.
