October 9, 2016

There’s no ‘Uber’ in waiting for financial services

(pictured: Graham Hand) Graham Hand, the publisher of the influential Cuffelinks investment newsletter, made a compelling case at the annual Paul Woolley Centre conference in Sydney last week that, contrary to what many people have predicted, the funds management industry is

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How benchmarks get in the way of returns

(pictured: Paul Woolley)  Paul Woolley, the former GMO fund manager and founder of the Centre which bears his name, believes that market-cap benchmarks cause “chronic mispricing” and impair fund performance. Woolley told the annual conference at the University of Technology

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ACC to strengthen in-house global shares team

New Zealand’s A$32 billion billion Accident Compensation Commission (ACC) fund is looking to bolster its global shares team with in-house management now accounting for about 20 per cent of the asset class. According to an ACC spokesperson, the fund plans

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… as NZ Super pares back home-country bias

The New Zealand Superannuation Fund (NZS) scaled back its holdings of New Zealand equities by almost NZ$500 million (A$480 million) over the 12 months to June 30 this year, the latest annual accounts show. According to the NZS annual report,

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