The chief executive of one of Asia's leading asset owners on managing climate change risk in portfolios speaks to AsianInvestor on the progress made so far.
The Australian super fund is looking at opportunities in specialised credit segments in the hunt for better yield, its alternatives strategies portfolio manager says.
The Australian superfund also increasingly prefers to take a more direct, co-investment approach, partly due to the potential for fee savings.
The sovereign wealth fund plans to utilise its global sourcing network to access private equity and other illiquid assets to boost returns within a conservative risk framework.
Bringing in a European with a record of turning around businesses at the top may not solve the Australian investment and insurance group's credibility problem, say industry observers.
The move forms part of a broader shift into "alpha-generating sectors" even as the $18 billion pension fund grows more cautious about the global economic outlook.
Amid the industry-wide criticisms being levelled at the Australian superannuation industry are claims that both funds and super players need to merge together. It won't be easy.
The failings of Australia's superannuation industry, which were revealed in a detailed recent report, underline the benefits of keeping pension systems simple and transparent.
Superannuation funds dominate Australia's rankings in the survey, but their fee activities are being investigated, and rising interest rates are forcing them to shift their assets.
Government initiatives, strong equities returns, and acquisitions were some of the key drivers to AUM growth for asset owners in Australia, China, Hong Kong, and Taiwan.
The improvement of these asset owners is based on strong equity investments, but they are tempering their growth expectations for this year, amid a search for alternatives.
For some larger asset owners, currently high PE valuations are discouraging, while for smaller funds, the high fees are prompting a re-think in allocations.
The Australian sovereign pension fund is assigning people to new roles following the departure of former property head Barry Brakey after a decade in the role.
The Australian superannuation fund could well manage over one-third of its assets through internal managers, as it seeks to maintain investment performance as its assets swell.
Assets under management were boosted by investor demand for infrastructure-related investing, AsianInvestor’s latest AI100 survey shows.
A culture of opaqueness and underperformance prompts a government-led inquiry to recommend a radical overhaul of superannuation.
Despite the lack of political will, activist behaviour and pressure on companies to improve their ESG practices is increasing.
Despite strict regulations, lax corporate governance and a low qualification threshold for advisers are partly to blame for the alleged criminal behaviour at AMP.
Revelations of malpractice by the Australian investment and pensions firm will reverberate across Asia, where it has a big base of clients and partners. The group is tipped to be split up.
Increased activity in impact investing among institutions is resulting in more product being introduced. But that, industry observers say, could confuse target investors.