July 19, 2018
Just seven years after restructuring around a passive core in response to the GFC, Australia's $8.2 billion Local Government Super has found confidence and success in active management.
A group of institutional investors are collaborating to address the G7 priorities of climate change, gender inequality and the infrastructure gap, agreeing to commit resources and expertise.
Whether to divest from sensitive or controversial investments such as firearms can be a difficult call for fiduciaries, and making it doesn't put an end to the tough choices.
Choice is considered a good thing. But in the auto-enrolment market, offering options for defined-contribution pension schemes can end up adding no value and increasing the cost to members.
The Australian Prudential Regulation Authority has given guidance for how long trustees should sit on boards. How well does the theory suit the practice? Stakeholders weigh in.
The German Association of Institutional Investors (bii) was established in May to improve sharing of ideas across the sector and help establish proper governance safeguards.
Rory Murphy, chair of the Merchant Navy Officers Pension Fund, recounts the scheme's journey to delegating investment decisions and says being a good trustee is all about steering the ship.
Corporate failings and their impact on UK pension schemes are damaging the reputations of lay trustees, but they remain critical assets for pension boards, professor Robin Ellison argues.
Adding nearly two dozen staff and boosting its expertise in order to manage its property and equity assets has paid off in savings – and more importantly control – for the UK’s RPMI Railpen.