JANA

Your Future, Your Super makes it harder for funds to push deeper into some sustainable investment strategies, but has “counter-intuitively” resulted in funds looking to take a more complex approach to stewardship.

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.

The long-time institutional investment executive has resigned from his position as chair at the boutique consultant after six years to focus on assorted directorial roles.

The $70 billion super fund has appointed WTW as asset consultant to its board and board investment committee as it internalises a substantial chunk of its funds under management.

A number of industry funds have invested in Nuveen’s US Cities Workplace Strategy as they diversify away from traditional real estate and harness thematics related to changing work and life patterns.

Much of the work Willis Towers Watson does for Australia’s largest allocators is now around investment governance. But the tyranny of distance means the local scene can be a bit of an “echo chamber”.

After more than 20 years of institutional ownership, the management and staff of Australia’s largest asset consultancy have regained full control of their destiny.

Australia’s largest homegrown asset consultant is plotting an expansion further beyond its traditional superannuation clients, while consolidation in the industry is changing the way they work.

A new review will address some of the unintended consequences of Your Future Your Super. But while super funds are no doubt holding out for a hero, there’s probably no perfect performance test.

The respected executive will take the reigns in December and lead what has become the largest investment advisory across Australia and New Zealand over the last 35 years.