Investment Magazine

The Fiduciary Investors Symposium has kicked off in Healesville, Victoria with an opening keynote from Bridgewater Associates discussing how investors are navigating the new market limits, and a panel featuring Future Fund, Australian Retirement Trust and NZ Super Fund on how asset owners are approaching portfolio resilience. Stay tuned for more coverage on Investment Magazine. Thanks to our sponsors: Bridgewater Associates | Franklin Templeton | Robeco | AlbaCore Capital Group | BlackRock | Goldman Sachs Asset Management | Macquarie Group | Perpetual Limited | PGIM Fixed Income | Polen Capital | T. Rowe Price | 1886 Consulting | AllianceBernstein | MLC Asset Management #investment #superannuation #FiduciaryInvestorsSymposium

Minister for Foreign Affairs Penny Wong will headline the next instalment of the Conexus Financial Political Series, with an exclusive briefing on Australia’s international relations, wars in the Middle East and Ukraine and the next US presidential administration. Register today and don't miss this unique opportunity to hear Australia’s chief diplomat directly address a financial services audience. #financialservices #PoliticalSeries #InvestmentMagazine https://lnkd.in/gYfGhC3p

ESG factors are now integral to the investment and risk decisions of large institutional investors such as super funds, although some hurdles remain for ESG to achieve its full potential, including the quality and integrity of the data needed to help inform those investment calls. But ultimately, the only thing that really matters is member outcomes, and that can’t be measured in investment terms alone. This Investment Magazine roundtable is hosted in partnership with Northern Trust Asset Management. Thanks to our participants: Valeria Dinershteyn-Kreeft, CFA, Northern Trust Asset Management Paul Docherty, Rest Fiona Mann, Brighter Super Liza McDonald GAICD, Aware Super Jessie Pettigrew, Equip Super Talieh Williams, Cbus Super Fund https://lnkd.in/gNyMrA4Q

A paper published ahead of the Investment Magazine Fiduciary Investors Symposium starting on Tuesday outlines the challenges and considerations for Australian trustees in determining an optimal investment model for their funds. The paper published by 1886 Consulting says there is no single “best” approach, and even emulating the world-leading Canadian model isn’t for everyone. Doug T. | #superannuation #FiduciaryInvestorsSymposium #InvestmentMagazine https://lnkd.in/g2Pe-_57

QIC is gearing up to expand its hedge fund allocation as – together with insurance exposure – the “strong double-digit return” of its liquid alternatives portfolio was a key contributor to the fund’s record $8.9 billion earnings in the 2024 financial year. Chief investment officer Allison Hill explains why global sovereign wealth funds are hot on hedge funds. #alternatives #SWF #InvestmentMagazine https://lnkd.in/gJf4_kcM

London-based AustralianSuper deputy CIO Damian Moloney oversees the global expansion plans of Australia’s largest superannuation fund. While a global presence has clear benefits for the fund and its members, Moloney’s advice to others contemplating the same is to plan extensively and build early. #operations #superannuation #InvestmentMagazine https://lnkd.in/gV9TZUuW

As one of the rare public-offer industry super funds with a considerable defined benefit component, Aware Super is keen to apply its investment and liabilities management skills to defined contribution assets in a post-Retirement Income Covenant world. Portfolio manager of retirement strategy Shang Wu unpacks the fund’s DB position.  #retirement #superannuation #InvestmentMagazine https://lnkd.in/guiW6Z8Q

The International Monetary Fund has warned that “liquidity mismatches” are brewing within Australian super funds, as the UN finance agency expressed worries that members might be able to switch out of investment options with too much flexibility considering funds’ substantial investments in illiquid assets. But super industry leaders say the nation’s unique system is well-equipped to handle itself. #superannuation #IMF #InvestmentMagazine https://lnkd.in/gvMZHvzq

Gas giant APA Group is bracing for activist shareholder actions at its annual general meeting this week, as climate groups take issue with its plan to develop gas pipelines in the Beetaloo Basin. UniSuper is caught in the fight as a large shareholder of APA Group and the ruckus raises interesting questions about the role of gas in the portfolio, Russell Baker writes. #gas #activeownership #InvestmentMagazine https://lnkd.in/g3ydcn4i

In the past two years, the Future Fund has made around $70 billion worth of changes in the portfolio that its director of research and insights, Craig Thorburn, said can be traced back to stubbornly high inflation. As the fund executes its bias toward “owning inflation”, asset allocation around currencies, alternatives and bonds are all looking different. #SWF #assetallocation #InvestmentMagazine https://lnkd.in/gJFkveDY