Industry super fund owned IFM Investors and ISPT are exploring a merger at the request of their shareholders amidst a challenging outlook for commercial property.
There’s “nothing sinister” about funds taking advantage of government incentives to enhance returns for members, according to IFM. And when it comes to those funds heading offshore, “culture eats strategy”.
Traditional portfolio construction might be dead. But that doesn’t mean there’s no way to beat inflation, even as investors anticipate it will continue to rise and fall over the next decade.
Consolidation among superannuation clients is changing the nature of Citi’s business with them, and increased appetite for nation-building in Australia means plenty of opportunities in private markets.
The money that industry super funds are spending on buying renewables would be better spent building them, according to Quinbrook. But there’s plenty of challengers for that view. The fresh interest in renewable infrastructure from industry funds has come with plenty of caveats. One of the major problems is finding investment opportunities at scale, while…
Cashed-up industry funds are expected to be leaders leader in post-pandemic M&A activity as investors begin to see the light at the end of the Covid-19 tunnel. While Fidelity anticipates that the Covid-19 pandemic has caused a structural shift in consumer and market behaviour, the increased certainty provided by reopening means that M&A activity will…
Super funds may soon be forced to reveal internal valuations for unlisted assets. But the lesson from the Future Fund is that the new regulations aren’t in anybody’s best interests. While much of government’s recent focus has been on implementing the “Your Future Your Super” performance test, super funds could also soon be subject to…
The collapse of an investee company has seen IFM hauled before the standing committee on economics. The bigger issue is how a fund manager keeps commercial matters confidential in Parliament. The hot topic at Thursday’s (29 July) hearing of the standing committee on economics was Tandem, a workplace contractor and IFM investee that has now…
AMP Capital’s purchase of a small social infrastructure fund from the Royal Bank of Scotland 10 years ago has become a rare beacon of hope for the troubled manager riding an ESG trend and the search for stability in an uncertain world. The AMP Capital Community Infrastructure Fund, known internally as CommIF, now has 19…