Durack returns to Schroders
The global investment firm announced several senior leadership appointments in its Asia Pacific business, including the return of Chris Durack in a key role.
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The global investment firm announced several senior leadership appointments in its Asia Pacific business, including the return of Chris Durack in a key role.
The $26 billion Spirit Super is looking at investment opportunities in regional Australia as it moves on from its failed acquisition of the port of Geelong. The fund has also been de-risking its portfolio a year ago in anticipation of rising inflation.
High oil and gas prices and the global energy supply crunch have made fossil fuels more attractive, but asset owners and managers say that’s not about to derail their climate change goals.
Although global bonds are experiencing a tumultuous year, with prices in free fall and yields skyrocketing, the low interest rates of the preceding years meant that many Australian super funds have smaller allocations to the asset class.
The median return for MySuper products in September was -3.3%, causing the Rainmaker MySuper Index to see its worst annual rolling return since August 2009.