News

State Street’s big Challenger win will no doubt look good on the ACSA tables, but an influx of expertise will also boost its Alpha-focussed business strategy in the land down under.

The sharp fall in markets in August was a sign of things to come, according to Ruffer, but one that investors haven’t heeded, with positioning and sentiment becoming even more extreme.

Donald Trump’s possible return to the White House would undoubtedly set back sustainability efforts, but the bigger problem is that his view of geopolitics is “one that anybody who runs capital wouldn’t want him to have”, according to Anthony Scaramucci.

The $127 billion Challenger has selected State Street as its new custodian and will be one of the largest invest managers in the region to deploy Alpha, its front-to-back asset servicing platform.

With its investment in euNetworks, Aware Super gets access to a long haul fibre network spanning 50,000 kilometres and 17 countries – as well as evidence that its international push is paying off.

Greg Bright has passed away, aged 70. A legendary journalist and publisher, he had a deep appreciation for the art of obituary writing – but he never believed for a second that the end of somebody’s life was the end of their story.

There’s a massive global shortfall in capital to finance the energy transition, and a significant chunk is still being spent in the developed world. But the battle for net zero will be “won or lost” in the emerging market corporate sector.

There’s a lot of uncertainty out there in the market, but fear of missing out means investors are turning a blind eye to it. August’s ‘volmageddon’ could be a sign of things to come.

Perpetual has turned to the “experienced business builder” and former CEO of the circa $300 billion Australian Retirement Trust to set it on a new course as it lops off business units and doubles down on asset management.

Canada’s own efforts to get its pension funds involved in nation-building have been more heavily resisted than in Australia, but a new paper has learnings for both countries.

Valuations are so high in India that people need to have “completely given up hope” before Pzena wades in and makes an investment. It’s shopping in China while it waits.

Super funds have fallen behind banks on nature-related physical and transition risk, with a regulatory muddle, lack of internal resourcing and data concerns holding them back even as damage to ecosystems threatens “cascading losses”.