News

The RBA says that super funds’ long investment horizons are a positive for the stability of the financial system but that widening access to the savings they contain would require more careful liquidity management.

New Zealand’s sovereign wealth has set its future 20-year rolling returns forecast well above the risk-free rate but below the annualised 10 per cent it achieved in its first two decades of operation.

The retirement chief of the $335 billion AustralianSuper, who was “instrumental” in delivering a slew of member experience uplifts across a 17-year stint with the fund, will leave this month to establish a new venture.

It’s “quite realistic” that many super funds will take too long to build the basics of a retirement income strategy, and the system might need a licencing regime to make sure members are getting the best service.

Value stocks are hit harder in market drawdowns but come out of them faster and harder, according to research from Pzena Investment Management.

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.

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.

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

With its former CIO off to CalPERS, the Guardians of New Zealand Superannuation has taken the opportunity to review its investment team structure and appoint co-CIOs.

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 $341 billion AustralianSuper has taken a significant stake in US-based DataBank to catch the AI and digitalisation waves that pension funds all around the world are trying to surf.

Historically, the unglamorous asset servicing businesses of the big international banks have largely stood in the shadows. But their reliable cashflows and deep institutional relationships mean that’s all starting to change.