The Investment Innovation Institute [i3]

2 weeks ago | i3-invest.com | Wouter Klijn

ACCC will not oppose IAG and RACQ mergerThe Australian Competition and Consumer Commission (ACCC) has given the green light to the merger of IAG and RACQ Insurance, by not opposing the transaction. The regulator considered the impact of the proposed acquisition on the supply of home and contents insurance and the supply of motor insurance and assessed the level of competition provided by other existing insurance providers.

2 weeks ago | i3-invest.com | Wouter Klijn

Rest has found a new CIO to lead the investment teamThe $93 billion superannuation fund Rest has appointed Michael Clancy as Chief Investment Officer. Clancy joins from Qantas Super, where he was the Chief Executive Officer for almost a decade. Before Qantas Super, Clancy spent more than 14 years at National Australia Bank (NAB), ultimately in the role of Executive General Manager, Investment Platforms, in NAB’s Wealth division. He will commence in August 2025, subject to regulatory requirements.

2 weeks ago | i3-invest.com | Wouter Klijn

TelstraSuper board has called off the merger with Equip Super, citing best financial interest of membersThe board of the $26 billion TelstraSuper has called off the proposed merger with $36 billion Equip Super, stating it was not in the best financial interest of members to proceed with the proposed amalgamation. “Bringing together two medium-sized funds is a complex process,” TelstraSuper said in a statement.

3 weeks ago | i3-invest.com | Wouter Klijn

It has been a little over three years since the merger between SunSuper and QSuper created the Australian Retirement Trust and the world is now a very different place. We speak with CIO Ian Patrick about structural changes in global markets, the merits of strategic internalisation and touch upon learnings from the merger. Concentration in equity markets is something Australian investors are used to, but which is a relatively new phenomenon in United States markets.

3 weeks ago | i3-invest.com | Wouter Klijn

Diversification is an age-old tool in investment risk management, but has seen many different iterations over time. We speak to JANA’s Justin Tay about the next evolution of diversification in manager selection, looking at behavioural finance, manager processes and time horizons. The idea of diversification to reduce an investment portfolio’s risk profile has been around for a long time, even well before Nobel Prize winner Harry Markowitz wrote his seminal paper on the subject in 1952.