Australia's second largest superannuation fund cites hedge funds, the lack of diversity in the workforce, and third party reporting as challenges that are holding back ESG progress.
Tag : lgia super
Asian investors are favouring engagement over divestment in their ESG journeys as fossil fuels show there's still plenty of power left in the sector.
Low to zero fees for co-investments mean higher returns, but opportunities are generally limited to institutional investors that can allocate dedicated resources.
Record low borrowing costs in Australia are feeding demand for the country's real estate, with domestic and global investors raising their allocations into the sector.
LGIAsuper CIO Troy Rieck is seeking greater efficiencies and reduced costs from the merger with Energy Super, another Queensland-based super fund
Changes at Prudential Corporation Asia were popular among our readers in April, who also showed interest in China's $3 trillion mutual fund market and Australia's super fund mergers.
Australia's retirement funds are increasingly merging to gain scale and investing heft. But these consolidations offer investing challenges that need to be overcome.
Australia's superannuation industry will soon comprise four to five A$200 billion megafunds, with room for a few smaller, niche funds, experts say.
The Australian retirement fund’s CIO wants to keep all of his portfolio with external firms. He says that it has become easier to negotiate lower manager fees as some peers internalise.
The Australian pension fund is widening its alternatives exposure and assessing its approach to Chinese assets. Troy Rieck, the CIO, wants the US to open up its infrastructure market.
The Australian superannuation fund is refocusing on tilting with the help of a new overlay programme and expanding private market exposure under the direction of its new CIO.
