Top funds’ strengths, challenges
A study of organisational behaviour at 15 of the world’s leading funds found best-practice ideas in risk management and sustainability, along with common challenges in areas such as diversity.
Proxy voting: Trump tightens the screws, but sole reliance on proxies rare
Institutional investors have played down the impact that President Trump's executive order to limit the power of proxy advisors will have on their investment processes, with pension funds suggesting proxy inputs only form a part of their voting decisions. However, the development feeds into an ongoing crimping of investor power.
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The governance-performance link
Academics at Switzerland’s University of St. Gallen find that governance is positively related to both excess and risk-adjusted net returns but only marginally related to funds’ asset choices.
Your guide to internal staffing levels
A CEM Benchmarking study finds that size, asset mix, investment style and complexity determine the level of front-office and back-office staff but external manager fees are the big expense.
Real investors properly align interests
A good investor must be proactive in determining the fee structure and legal terms in a fund’s documents. Funds that fail to get interests properly aligned on such issues will pay a price.
Cbus CIO duo talk secrets of success
The CIO role of the Australian construction industry fund, Cbus Super is shared. Here we examine the success of that partnership and the fund's plan to bring up to 20 per cent of assets inhouse.
Tough climate marks value in governance
The link between better governance and stronger returns lies somewhere between faith and fact; however, in a historically tough climate, the argument for best practice seems overwhelming.
Governance