A coalition of domestic and international pension funds has bought one of Australia’s largest private forest management companies in a big vote of confidence for natural capital assets.
Big funds are looking for help with investment governance as they internalise more and more of their resources, according to JANA, and it’s also seeing a lot more demand for guidance on net zero objectives.
Systematic fixed income manager BlueCove is looking to build out its local presence and provide an alternative to fundamental investing as macro trends put the asset class back “en vogue”.
Not every risk is out in the open, and Allspring Global Investments is keeping a close eye on those that some segments of the market struggle to price – including a US government shutdown and a war on the Korean peninsula.
The $1.7 trillion global investment manager PGIM has brought together its alternatives units in a sign of their growing importance to its biggest clients.
ASIC has launched civil proceedings against Australia’s biggest super fund over allegations it failed to consolidate the accounts of 90,000 members and continued to charge them fees.