Reversing recent declines, Australian pension funds plan to increase their allocations to equities and alternative investments in coming months, according to a study by Greenwich Associates. Last year, Australian pension funds reported declines in domestic equities allocations and even larger decreases in international equities. But funds expect a turnaround this year, according to Greenwich Associates consultant Sandhya Chand. ‘In the coming year, liquid assets and domestic bonds are likely to be replaced by equities, international bonds and private equity,’ she said. Chand’s conclusions are based on the results of the 2003 Greenwich Associates study of Australian Investment Management. The study also revealed that salaries for investment professionals climbed last year, while bonuses fell.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.