AUSTRALIA - Senator Nick Sherry, minister for superannuation and corporate governance, is to deliver a keynote address at the Global Pensions Westpac Institutional Bank Sydney Currency Forum.
Topics will include the evolution of manager selection, omega trading, defining risk profiles and appetites for pension funds, and why past performance is no guarantee of future returns.
Lou Cornelio, director and head of institutional foreign exchange sales, Australia, at Westpac Institutional Bank, said: "Westpac Institutional Bank is proud to once again offer the superannuation fund industry the chance to learn from experts in currency management from round the world.
This year's conference promises to be the best yet and we are particularly delighted senator Sherry is able to address super funds at this important time for the industry."
Alex Beveridge, editor of Global Pensions, said: "The current economic environment is particularly challenging for pension funds. Volatility in the currency markets can seriously impact the international exposure of portfolios, but this same volatility can also provide a source of welcome uncorrelated alpha.
"This conference will help funds keep up to date with the latest thinking in managing and profiting from currency risk."
For more information please go to www.currencyforum.co.uk/sydney
Johnson Controls International has appointed XPS Pensions as investment and actuarial adviser for two of its schemes, following a competitive tender process.
Merseyside Pension Fund has allocated an initial £400m of assets to a smart sustainability fund managed by State Street Global Advisors (SSGA).
This week's top stories included exclusive coverage of The Pensions Regulator's plans to require schemes to use professional trustees.
Buck has launched a solution to help pension schemes equalise guaranteed minimum pensions (GMPs) in a cost effective way with minimum hassle.