The latest
Uncategorised posts

Shared fund objectives key to investor success

The practice of benchmarking the salaries of senior executives of institutional funds with reference to external financial services firms, instead of the shared objectives of the fund, is a major barrier to their success, according to Professor Gordon Clark of Oxford University and director of Smith School of Enterprise and the Environment. Clark sees the […]
David RowleyDecember 2, 2015
Investor Profile

NZ Super: on a higher plain

Self-reliance on asset allocation and employing a partnership style with its managers – based on the mutual exchange of ideas – are the cornerstone of New Zealand Super’s evolved investment approach founded on the confidence of its investment ideas. David Rowley visited the NZ$29.6 billion fund to find out how it does this.  On the climb towards the […]
David RowleyOctober 28, 2015
Uncategorised posts

Agent provocateur

Paul Smith, the Hong Kong based chief executive of the Global CFA Society is on an evangelical mission to change the culture within the investment industry. Not only is he looking to curb the frequency of excess behaviour that leaves the public cynical of high paid finance professionals, but he is a persuasive advocate for […]
David RowleyOctober 22, 2015
Uncategorised posts

Why investors employ smart beta strategies

The common view is smart beta is used to side step expensive active equity managers or hedge fund managers whose processes are on the surface opaque, but on close investigation turn out to be largely beta like in approach. As investors have gained experience and familiarity they have also learnt about how it offers greater […]
David RowleyJuly 31, 2015
Investor Profile

AustralianSuper’s insourcing journey

By 2018 AustralianSuper will be managing about A$50 billion ($38 billion) of assets in-house. Chief investment officer of the A$84 billion($64 billion)  fund explains the logic behind the move to David Rowley. AustralianSuper is rapidly redefining the limits of what a large Australian institutional fund can be.  Projected to double its A$84 billion ($64 billion) […]
David RowleyApril 10, 2015
Uncategorised posts

AustralianSuper contemplates foreign outposts

Australia’s largest superannuation fund, AustralianSuper, is considering whether it should have its own investment management and currency hedging teams based in Europe and America. Due to the mandatory nature of the system in Australia, the current rate of funds under management growth means assets are doubling every four to five years. Peter Curtis, head of […]
David RowleyFebruary 24, 2015
<1of4>