Single default balanced options still rule superannuation even as it becomes increasingly clear that every member needs an investment strategy that more closely matches their age and risk profile.
APRA’s new superannuation expenses data – and the granular information it contains about donut and coffee purchases – begs the question: how much transparency is enough?
Beyond the stocks everybody thinks will be the winners, there’s a better (and cheaper) way to get exposure to some of the biggest themes driving markets, according to Ninety One.
Global equities, machine learning mandates and trend following in cocoa markets helped NZ Super to generate 14.9 per cent for the year, but the fund just undershot its own benchmark even as it remains ahead of return expectations.
The International Monetary Fund says that super funds’ chunky allocations to illiquid assets could be a danger to markets during stress events, but there’s little evidence to support their fears of systemic risk.
Having handed its custody to State Street, Australian Ethical has selected the Charles River Investment Management Solution to automate its front and middle office processes for its entire investment portfolio.
Institutional investors have gotten more sophisticated, and so have the asset consultants they look to for advice. But as those consultants push deeper into the lucrative wealth and family office segments, can they keep product conflicts from getting in the way?
While there’s a perception that defined benefit funds have mostly vanished from the earth, they still manage a hefty chunk of Australia’s pension savings and DC funds can learn a lot from them in their efforts to solve the retirement problem for their members
AQR co-founder and CIO Cliff Asness talks to ISN about how social media might be making markets less efficient, the cloak and dagger world of alternative data, and why using machine learning means having to “let go of some things you cherish”.
The benchmarks that are supposed to measure performance and create alignment with end investors are working against asset managers, and the industry must find new ways to demonstrate value before it’s too late, according to MFS.
