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.
It’s unlikely that there will be an increasing trend towards Your Future Your Super (YFYS) test failures, but the unintended consequences of the reforms are still worth examining, says JANA.
Instead of blindly following active share and concentrated portfolio trends to bolster pride in the face of an overwhelming shift to passive strategies, active managers need to develop a much deeper understanding of what drives their performance, according to JANA.
The NZ Superannuation Fund (NZS) has confirmed a trio of senior appointments, luring two overseas candidates to assume the plum positions.
As big super pursues an engagement-focused approach to sustainability, the challenge will be making its real-world impacts felt by both members and executives.
Carbon analytics fintech Emmi has appointed a chief operations officer as it onboards a slew of new super fund and consulting clients. Rebecca Bannan, who was previously Emmi’s head of strategy and operations, will step into the role of chief operations officer. Bannan, a chartered financial analyst, was previously investment director for strategic advisory at…