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Digital shift leaves industry funds behindBY LAURA MILLAN | MONDAY, 18 NOV 2013 10:20AM
Industry and corporate funds have not been able to keep up with the frantic pace of technology changes. In the era of smartphones and tablets, only 8% of industry and corporate funds have an application suitable for these gadgets, according to a Towers Watson survey.
Read more: Technology, Towers Watson, Australia, Lisa Samuels, NGS Super, Anthony Rodwell-Ball, ASFA, Association, Australians, BT Financial Group head, Callum Todd, Facebook, HESTA, Pauline Vamos, Richard Body, Sensis research shows, Silicon Valley, Superannuation Funds, Twitter, US, Vicki Doyle
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The House of Representatives committee looking into common ownership of ASX companies has continued this week, with the super industry hitting back at suggestions that funds act in unison.
Australian Ethical is making a series of changes to its Advocacy investment option that will allow it to begin investing in alternatives and unlisted property.
The sovereign wealth fund appointed a chief people and culture officer following an extensive search.
AMP Capital has launched a new investing arm within its Global Infrastructure Equity team that focuses on telecommunication assets.
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