Systemic risk in the superannuation system likely doesn’t stem from funds themselves, but from their service provider relationships. Regulators need to be thinking harder about where and how it arises – something they’re not necessarily well set up to do.
Big asset owners and managers are embracing the private markets as one avenue for growth, but the complexity that brings to portfolios means they also need to get a better view of what might be decades of siloed information.
Studying Japan’s future role with FEAL scholarships
CARE Super’s head of investments, Greg Nolan, and Retirement Benefits Fund of Tasmania’s CEO, Phillip Mussared, won the top investment education scholarships presented by the Fund Executives Association Ltd last week.
The scholarships, sponsored by Aberdeen Asset Management and the Centre for Investor Education (CIE), involve attendance at one of CIE’s international forums, this time at the event in Tokyo in April.
Nolan said that with the emergence of China, the significance of Japan had been “somewhat downplayed” but the country remained one of the most significant factors in determining the level of economic growth in Australia.
“It is essential to understand Japan’s experience over the last 20 years and the role it will play in Australia’s growth over the next 20.”
CIE’s Gabriela Darley said Japanese funds to be represented at the forum included: Government Pension Investment Fund of Japan, Japan Post, PFA, Nippon Life and Nissan.
Last year, the international scholarship was for one fund executive.
Seven domestic scholarships were also announced by Michael Baldwin, FEAL’s chief executive. Recipients were: James Thomas, AMIST Super; Mark Elliott, EISS; Grant Harslett, Maritime Super; Paul Kessell, Professionals Associations Super; Janelle Mostacci, REST; and David Schneider, UniSuper.
