Superannuation funds are rapidly offshoring their assets as FUM grows faster than GDP, according to new data from NAB and ASFA. Coming early to the barbell strategy party has also paid off.
While diversifying strategies commanded the field through 2022, investors feel they’ve missed the boat on the returns to be had. Instead, they’re window shopping for more private equity.
Most asset allocators and institutional investors have a chief risk officer to manage investment volatility – but liquidity poses the greater risk, according to PGIM, and few institutions have a role for managing it.
Ex-Cooper Investors portfolio manager Qiao Ma has landed at Munro Partners, where she will help support its three global funds with research and stock ideas.
Strategic alignment on growth and data capabilities made State Street a good fit for Australian Retirement Trust’s custody needs. Hard-earned experience with mergers helped too.
The big headwind to the emerging markets is fading. But buying big stories about growth and shuffling money from one hot sector to another is no way to play them.
Vanguard Australia head of superannuation Michael Lovett will leave the firm following the launch of its super product.
Making predictions is hard, especially about the future. That hasn’t stopped TCorp from calling an RBA pivot, falling US inflation and corporate earnings, and further deterioration in US-China relations.
Institutional investors love private equity but it’s bringing them down. They’re sweating everything from valuations to overcrowding and “private equity bubble risk”.
Cooper Investors has shuttered the retail and wholesale classes of its Asian Equities Fund following the resignation of portfolio manager Qiao Ma.
