written by Stoyan Stoyanov | December 6, 2011
Diversification, hedging and portfolio insurance are complementary, not competing, ways to mange investment risk, says EDHEC Risk Institute – Asia head of research Stoyan Stoyanov.
The investment firepower and cost savings promised by economies of scale have enraptured the Australian superannuation industry. This has instilled in some funds an urge to merge in order to enjoy the benefits of being large. However, some investment chiefs believe that bigger size brings a new set of problems that can undermine performance. SIMON MUMME reports.
Whether it is sitting on the board of Media Super or in his previous job as chief executive of the printing industries’ peak body, Philip Andersen is no stranger to adapting to change. He was the industry representative of Print Super when it had just $150 million under management and was part of the investment committee that reorganised Media Super’s external managers when it was born from the merger of Print Super and Just Super in 2008. This year Andersen retired after 19 years as the chief executive of the Printing Industries Association of Australia, having overseen a sea change ...
The Federal Government’s plan to lift the Superannuation Guarantee (SG) from its current 9 per cent to 12 per cent unsurprisingly has widespread industry support. But it might be a surprise for some in the industry that the plan does not have universal and unequivocal community support.
Diversification, hedging and portfolio insurance are complementary, not competing, ways to mange investment risk, says EDHEC Risk Institute – Asia head of research Stoyan Stoyanov.
In 20 years the superannuation industry has learned from challenging investment markets. The increasing longevity of members will provide further lessons, writes Doug McTaggart , CEO of QIC.
For custodians, remaining competitive means using technology to build scalable processes while also being responsive to clients’ specific needs. As the industry evolves, no one wants to be left playing catch up. MIRANDA WARD reports.