POWERED BY MOMENTUM MEDIA
Investment management insourcing carries risk
Superannuation funds will continue to insource investment management, particularly if they have sufficient scale but they need to be aware of the risks.
Insight Investment Multi-Asset Strategy Geouo portfolio manager, Steve Waddington told the Conference of Major Super Funds (CMSF) that scale was a key determinant for organisations looking to insource asset management but they needed to measure their capability.
He said organisations had to consider how much they could bring in house and how long they could hope to be successful in challenging markets.
Answering a question from the floor during a session on investment strategy through a period of lower returns for longer, Waddington said the key was likely to be having the necessary expertise to manage investments through challenging periods.
However he said he believed the insourcing trend would continue with the risk for funds being the ability to retain the right people to continue to succeed.
Recommended for you
Services and software companies are set to reap the benefits of the AI boom in 2025, according to a market professional.
Despite ongoing tariff concerns, the State Street Risk Appetite Index rose to 0.36 in January, signalling a return to risk-seeking behaviour after a pause in December.
The yellow metal is riding a perfect storm of macroeconomic and political conditions, setting the commodity up for further growth this year.
While investors remain bullish on the US dollar and equities, they are bearish on just about everything else, Bank of America has found.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
2
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.78 3 y p.a(%)
3
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
30.80 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
28.31 3 y p.a(%)
