UniSuper is “scouring the domestic market” to build out its unlisted investment portfolio. And as a signatory to the new Affordable Housing Accord, it’s investigating the YFYS benchmark risk of nation-building.
Jerome Powell is bent on “driving the car into the ditch”. But if history is any indicator, widespread fears of low single digit returns for equities are overblown.
New research confirms the “anecdotal concerns” of the superannuation industry that the current design of the Your Future Your Super test makes responsible investing a no-go zone.
Legalsuper CEO Andrew Proebstl is saying goodbye to the fund he’s run for 20 years. But with super once again standing on the cusp of change, he still wants to be part of the industry.
China A share quant house Mingshi is turning its algorithms on the sustainable investing opportunity as government support for a greener economy grows.
As the world threatens to plunge into recession, the distressed debt opportunity set is expanding. Even high-quality businesses are feeling the effects of inflation and rapid rate rises.
The CEO of AustralianSuper says the Morrison Government doesn’t get enough credit for introducing the YFYS reforms, and that funds need to stop arguing over its detail and get on with the business of performing against the benchmarks.
Adding a qualitative measure of performance or the right to appeal to YFYS could enhance consumer outcomes. But critics have warned that it could defang the test.
Following a flurry of activity where it deployed more than $3 billion of capital into real assets and private markets in Australia and overseas, TCorp has a new head for the division – with more investments to come.
The Grattan Institute says that “maintaining the integrity” of the performance test is vital and that the review should seek to make incremental improvements rather than wholesale reforms.
