The $60 billion industry fund has appointed Calvert and Parametric to implement sustainable screens across its real assets portfolio. Rest has awarded an enhanced ESG mandate to Parametric and Calvert to provider further diversification to its Sustainable Growth ethical investment option. The mandate will see Rest implement ethical and sustainable screens and tilts across its…
The Fund Executives Association Ltd (FEAL), Australia’s peak professional development body for super fund executives, has appointed former QIC and AMP exec Brian Delaney as its new chair. Brian Delaney will take over as chair of FEAL on May 3, continuing a long association with the organisation that dates back to his establishing its Fund…
The Association of Superannuation Funds of Australia (ASFA) has nabbed a new chair from outside the super sector. Gary Dransfield will step into the role of independent chair of ASFA on February 23, while current chair Dr Michael Easson will retire from the role. “We are very pleased to have secured someone from outside the…
By 2041, Australia’s super funds will swell to enormous size. How they invest our retirement savings will become an even trickier prospect. Over the next 20 years, the superannuation system will grow to a colossal size – an estimated $9.2 trillion, or 206 per cent of its current size, according to a report from Deloitte’s…
APRA’s decision not to include private credit in the Your Future Your Super fixed interest benchmark creates an opportunity for super funds to outperform without compromising tracking error, according to a new report by Atchison Consultants. APRA’s chosen benchmark for fixed interest – the Bloomberg AusBond Composite 0+ index – only captures the government and…
Northern Trust Asset Management (NTAM) has grown local AUM more than 500 per cent since it opened its doors in Australia. And a “year of transitions” could create the opportunity for even more. When Bert Rebelo was working for NTAM in Hong Kong in the mid-2010s, he began to think about the opportunity Down Under….
With COP26 a turning point in net-zero thinking, at least for investors and managers, Ninety One has expressed concern over insufficient focus on ‘real world decarbonisation’. The global multi-asset and specialist manager is presenting its 2022 investment outlooks presentation, ‘The Challenges of Normalisation’, this week (from December 6). In it, Hendrik du Toit, Ninety One’s…
One clear message from this month’s COP26 climate meeting is that big investors – especially Australian investors – will not be waiting for politicians to lead the way with a response to the crisis. Institutional investors are now “moving to the point of implementation” of their sustainability strategies, according to global manager Ninety One, with…
The companies that will survive the tectonic shift to net zero will be the ones that innovate and engage, according to GAM. “What we’re going into is a scenario where those companies that are going to survive and thrive are those that recognise net zero as the North Star and look at their strategy around…
Ian Silk, AustralianSuper’s powerhouse former chief executive officer, will join KPMG part-time as the firm broadens its focus on ESG solutions. Ian Silk will join KPMG as a special advisor, working on ESG issues as part of the firm’s “reinvigorated plans to help clients embrace the greater focus on ESG responsibilities” as well as on…
