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‘Active value growth’: why alpha is better

Investors should increase allocations to active management strategies against an increasingly uncertain global backdrop, according to a new Willis Towers Watson (WTW) report. It is a “cyclically fertile ground for alpha”. The WTW analysis, ‘Outlook 2021’, says “skilled active management

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AMP Capital looks to real changes in 2021

Real asset investors are turning to face the strange environment of 2021 as technological and social trends mix with a global pandemic to fast-forward fundamental changes, according to the latest AMP Capital market outlook. “Disruption has accelerated changes underway in

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Mercer NZ confirms Sydney-based CIO

Interim Mercer NZ chief investment officer, Ronan McCabe, has been upgraded to permanent following a long recruitment process to replace, Philip Houghton-Brown. The Sydney-based McCabe stepped into the breach last September when Houghton-Brown departed for the head of investment solutions

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Ins and outs of NZ Super’s reference portfolio

The NZ Superannuation Fund has slightly lifted both long-term outperformance and risk expectations in its latest ‘reference portfolio’ review while removing an explicit emerging markets benchmark from the process. Following the five-yearly refresh of reference portfolio assumptions in 2020, the

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Westpac follows ANZ with Northern Trust mandate

Northern Trust has won another passive global equities gig with a bank-owned KiwiSaver fund following a mandate reshuffle at the Westpac scheme in New Zealand. Australia’s Ninety One was also a winner in the reshuffle. Along with several other changes,

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Notes on a crisis: why the music could be noisy

Almost all global pension investors expect post-COVID financial markets to follow a ‘W’ path or play an accordion-like tune, a new survey has found. Whatever the shape of the future, it will not be smooth. The study, by UK-based research

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Shotgun divorce now in FNZ/GBST marriage

NZ-based FNZ, the financial software firm run out of London, will have to offload its $260 million-plus Australian software asset within months after the UK competition regulator smothered the deal in a final ruling last week. In a decision handed

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NZ Super manager reshuffle, insources bonds

by David Chaplin The almost NZ$50 billion (A$46.7 billion) NZ Superannuation Fund has made several changes to its manager line-up and asset allocation over the last year including taking a $1.6 billion bond portfolio in-house. Northern Trust and BlackRock were

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Howlin’s Research IP to expand into NZ

Another investment platform is due to arrive in NZ within weeks under the ‘Flint Wealth’ brand. It is an equal partnership between Brisbane-based Research IP, run by well-known Australian advisory market identity Darren Howlin, and NZ’s Harbour Asset Management and Trustee Executors.

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Howlin’s Research IP to expand into NZ

Another investment platform is due to arrive in NZ within weeks under the ‘Flint Wealth’ brand. It is an equal partnership between Brisbane-based Research IP, run by well-known Australian advisory market identity Darren Howlin, and NZ’s Harbour Asset Management and Trustee Executors.

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