Nick Callil and Dante De Gori: Over the policy horizon

The Productivity Commission has started the journey to understanding how the superannuation system can deliver sustainable retirement incomes. This session looks at how to deliver clear objectives that cater to diverse circumstances of retirees, especially as the economy and financial markets experience extreme strain. The session considers the immediate challenges with unemployment, early access to super and the advice gap as anxieties mount.

Speakers: Nick Callil, head of retirement solutions, Australia, Willis Towers Watson and Dante De Gori, chief executive, Financial Planning Association

Moderator: Matt Smith, director of retail content, Conexus Financial 

Length: 42 mins

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New Jersey’s $85 billion fund stockpiles cash, eyes PE secondaries

New Jersey’s $85 billion fund stockpiles cash, eyes PE secondaries

An underweight position across private markets, predicated on a view that geopolitics and inflation mean interest rates are not coming down any time soon, has positioned the New Jersey Division of Investment with plenty of dry powder and a cash position four times the policy allocation. It is now readying for opportunities in private equity secondaries and with emerging managers. Chief investment officer Shoaib Khan spoke to Top1000funds.com.

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Russell changes tune on TAA

After a long history of opposition to tactical asset allocation, Russell Investments has not become a convert but is allowing for a “slower twitch” version of the discipline, says global chief investment officer of the consultant and multimanager, Peter Gunning. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

ATP staff reduce own CO2 emissions

Each employee of the $110 billion Danish fund, ATP has saved the environment 300 kilograms of CO2 in one year, according to its first climate change report, which coincides with the fund’s strategic move to focus on climate and environmental considerations within its investment policy. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Mubadala, GE set to make first JV co-investments

Abu Dhabi’s $14 billion Mubadala Development Company and General Electric (GE) are on the verge of making their first co-investment under the $8 billion financial services joint venture created in June. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

FRR joins oil payments transparency initiative

France’s 28.8 billion ($41.7 billion) Fonds de Reserve Pour Les Retraites (FRR) has joined more than 80 institutional investors globally in becoming a signatory to an initiative aimed at strengthening transparency in the extractive industries sector through disclosure around company payments and government revenues from mining, oil and gas. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

California passes placement agent disclosure bill

In the latest chapter regarding the role of third-party placement agents, the California Senate has passed a bill supported by the state’s largest pension fund, CalPERS, aimed at increasing transparency around the fees paid to these agents doing business with public pension plans. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

The scientific side of the active/passive debate

The recent decision by Norway’s SWF and some large US pension funds to explore their active management allocations, reported last week by conexust1f.flywheelstaging.com, reflects the re-ignition of the age-old active versus passive debate. But according to the scientifically-based INTECH, if maths prevails, it is an argument that is dead in the water. Amanda White spoke

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