Parametric Appoints New Manager of Research and Strategy, Australia and New Zealand

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Parametric Portfolio Associates LLC (Parametric), an affiliate of Eaton Vance Corp. , has announced the appointment of Whitlam Zhang, CFA, as Manager of Research and Strategy, Australia and New Zealand, based in Sydney. Mr  Zhang reports to Chris Briant, Head of Australia and New Zealand, Eaton Vance Management (International) Limited and Paul Bouchey, Global Head

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Super fund mergers need to deliver investment rationalisation wins

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Centralised Portfolio Management (CPM) can play a pivotal role in the mass consolidation of the superannuation industry that will define its future for the next 10 years, says global implementation manager Parametric Portfolio, an affiliate of Eaton Vance (NYSE: EV). “With the APRA-regulated superannuation funds on the cusp of horizontal integration, it is vital that

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Super funds can benefit with the adoption Responsible Investing goals with an after-tax investment focus: Parametric Research

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Superannuation funds should implement responsible investing in a tax-managed way according to a new research paper by the global implementation specialist manager Parametric. The paper presents a hypothetical tax-managed Responsible Investing portfolio that adds a quarter of a percent in after-tax returns each year over a non-tax-managed version. Raewyn Williams, Head of Research (Australia) and Analyst Josh McKenzie at

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Income-targeting retirement portfolios could struggle to measure ‘success’ wel

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The Retirement Income Panel’s work over the past year should give superannuation funds all the motivation they need to decide what ‘success’ in funding pensions really means, according to a research note by the global implementation specialist manager Parametric. Raewyn Williams, Head of Research (Australia) and Analyst Josh McKenzie, in a ResearchBite titled “Income-Targeting in a Retirement Portfolio:

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Super tax changes will cost retirees

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The possibility for government to increase superannuation taxes in response to the ballooning budget deficit caused by COVID-19 could severely hurt member balances at retirement, according to a research note by the global implementation specialist manager Parametric. Raewyn Williams, Head of Research (Australia) and Analyst Josh McKenzie, in a short paper titled “Will retirees pay the

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Parametric launches ’Equity Agility Platform’ for Australian super funds to manage moving targets around returns, fees and costs

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Super funds will increasingly need investment partners that offer ‘equity agility’ as a core feature to help navigate the mounting pressure to improve returns and lower investment fees, other costs and taxes. The complex task of meeting these goals, says global implementation specialist manager Parametric, is made harder by the fact that they are becoming

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Unlocked: A framework for superannuation equity portfolio evolution in a taxable environment

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All sectors of the superannuation industry agree that successful equity investing entails some short-term pain to enjoy long-term gain. Superannuation funds and investment managers who embrace an active management philosophy can feel this acutely when their style does not pay off in a certain stage of the market cycle or there is a regime shift

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New Parametric research reveals transition management’s blind spot

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Superannuation funds readjusting their investment portfolios need to carefully consider all the tax implications and not focus solely on timing and transaction costs, says global implementation specialist manager Parametric. In a research paper titled “The Sting in the Transition Tail”, Parametric Managing Director of Research (Australia) Raewyn Williams and Analyst Joshua McKenzie use a modest

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Can past pandemics guide investors through Coronavirus?

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The Wuhan coronavirus outbreak began with 50 known cases in mainland China in December. It’s since resulted in over 78,000 known cases—2,120 fatal—across over 27 countries, with 14 known cases in the United States as of this writing. The US government has imposed a ban on foreign nationals traveling from China, a move that China’s foreign ministry

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Buybacks show why you can’t trust the numbers

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Australia’s recent spate of off-market share buybacks highlights the misalignment between super funds’ pre-tax investment focus and what matters to fund members – after-tax returns. This is the view of global implementation manager Parametric in new research that graphically illustrates that funds participating in these share buybacks must ‘step backwards’ in pre-tax returns to ‘step

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