Institutional investment in natural capital assets continues to grow, buoyed by supportive regulation and corporate interest in the market, but good global data is still hard to come by.
After announcing his departure from the role, Australian Retirement Trust chief Bernard Reilly tells ISN why the fund “hasn’t missed a beat” since the merger that created it and how the arrival of the megafunds heralds a new era of “co-opetition” in the super industry.
Australia’s onshore private credit market is still nascent but that’s one of its biggest strengths, according to Epsilon Direct Lending. And while some investors are fretting a new default cycle, it’s not the end of the world.
As the Australian Institute of Superannuation Trustees disappears, a piece of super history – one that led to the creation of many of the institutions the industry relies on today – is likely going along with it.
Calls to liquidate the Future Fund and use the proceeds to pay down government debt have grown louder in recent weeks but doing so won’t come without a cost according to analysis from WTW.
The Alternative Future Foundation wants to expand beyond its tentpole charity event and create a better-informed knowledge base about alternative managers amidst changing industry dynamics.
Size, internalisation and globalisation are now front of mind for every large fund in Australia – but every fund approaches them differently, and there’s little agreement on the benefits of the new offshore push.
Changing dynamics in the Australian asset management industry gave the Future Fund access to a manager it might ordinarily have been forced to walk away from, and it expects to find plentiful (and sustainable) alpha in small caps.
Everybody’s anticipating a sweeping technological revolution, but they haven’t stopped to think about whether they’ll actually profit from it. More likely than not they’re holding onto horses when everybody’s making cars.
Valuations are never going to be “perfect”, but that doesn’t mean super funds shouldn’t be working harder to make them more accurate – and more intelligible to the people who really matter.
