Australia’s second-largest superannuation fund, the A$240 billion Australian Retirement Trust, will likely “do more, not less” investing in China, said the fund’s head of strategy, following significant internal debate over geopolitical developments and how they will impact the portfolio.
The Quality of Advice Review called several failings of the Best Interests Duty in its current form – when compared to other professions it doesn't stack up.
A future of rising uncertainty demands investors fundamentally re-think the way they assess risk when building resilient portfolios, argued a panel of experts from MSCI and Singapore sovereign wealth fund GIC.
Markets are facing an “evolution, not a revolution,” and asset returns are likely to improve over the next ten years, despite a range of challenges facing global markets.
Minister for Financial Services Stephen Jones is confident in the resilience of Australia’s prudential regulatory regime amid the current banking crisis sparked by the fall of Silicon Valley Bank. The Minister described Australia’s prudential framework as a win for those who held strong against the push for deregulation.