Retiring super fund members can’t wait for Government’s timetable

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Superannuation funds need to get on the front foot and respond to the strategic challenge of developing good retirement solutions now, says global implementation specialist manager Parametric CIO Paul Bouchey. “Although superannuation funds can follow the Government’s legislative timetable to develop a Comprehensive Income Product for Retirement (CIPR) by 1 July 2022, that’s hardly an […]

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Parametric announces new head of responsible investing and the expansion of the global research team

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Parametric Portfolio Associates LLC (Parametric), an affiliate of Eaton Vance Corp. (NYSE: EV), has announced three new hires: Gwen Le Berre as Head of Responsible Investing; Benjamin Davis, Ph.D., as Managing Director of Research, equity and factor strategies; and Benjamin Hood, Ph.D., as Director of Research, liquid alternatives, options and futures strategies. Ms. Le Berre […]

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Stronger Super not yet tax efficient

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Superannuation funds are largely ignoring the “Stronger Super” reform that embedded after-tax investing obligations into superannuation law, says global implementation specialist manager Parametric. Raewyn Williams, Managing Director of Research, Parametric Australia, says: “Six years after the Stronger Super reforms were announced, most superannuation funds still have a pre-tax focus. “This lack of progress with after-tax returns […]

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Parametric beefs up Australian team with senior appointment

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Global implementation manager Parametric has appointed Simon Mah Chut to the new position of Manager – Products and Partnerships as part of ramping up its Australian team. Mah Chut boasts more than 17 years in financial services with experience in private wealth investment, accounting, tax and business services. His most recent job was with Cambooya, […]

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Productivity Commission misses important tax – retirement outcomes link

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The Productivity Commission’s final superannuation report missed an opportunity to show how the industry’s pre-tax investment focus is penalising members who retire on after-tax returns, says Raewyn Williams, Managing Director, Research (Australia), at the global implementation manager Parametric Williams says the Commission’s report, Superannuation: Assessing Efficiency and Competitiveness, provided some thought-provoking insights into Australia’s $2.7 trillion superannuation […]

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Parametric wins first tax-managed factor mandate

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Global specialist implementation manager Parametric has been awarded an AUD200 million custom global equities mandate by a large Australian superannuation fund. The super fund, which has requested anonymity, commissioned Parametric to create a portfolio to capture the super fund’s views around exposures to particular risk factors in global equity markets and address concerns about unintended […]

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Domino Theory: the trouble with trade wars

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The continuing trade war between the United States and China has heated up amid increasingly bombastic accusations from both sides. The US fired the first salvo, announcing a set of tariffs on $50 billion worth of Chinese goods, which was met by a similar set of tariffs by China on American imports. The US is […]

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Parametric teams with smart beta innovators Research Affiliates to launch Systematic Alternative Risk Premia (SARP)

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Specialist implementation manager Parametric has launched a new strategy for Australian institutional investors after collaborating with Newport Beach, California-based Research Affiliates, seeking to produce better returns and lower volatility than traditional alternative investment approaches. The new strategy is based on harnessing the power of three key investing factors – Value, Momentum and Carry – and […]

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Evolve lifecycle strategies to improve retirement outcomes for super fund members, says Parametric

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Lifecycle investing is becoming an increasingly valuable option for superannuation funds aiming to construct a long-term default asset allocation strategy for their members. Research by the global specialist implementation manager Parametric shows that about 37% of total MySuper assets and 31 of the registered 111 MySuper products offer lifecycle investing. Although these assets and products […]

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Tax-efficient investing by super funds increases member retirement savings

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Nest egg could be more than 7% bigger if super fund uses tax efficient investing. Super fund members are missing out if their fund fails to adopt an integrated tax efficient approach to equity investing, according to global implementation manager Parametric. Parametric’s new research tracks the experiences of three hypothetical super fund members in two […]

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