AMP Capital has handed HSBC’s Global Investments business a mandate for its quantitative funds manager, Sinopia, to provide global passive inflation-linked bonds for AMP Capital — Future Directions Diversified Funds.
In awarding the mandate, AMP Capital Investors investment director Sean Henaghan said the mandate formed part of the company’s long-term strategic asset allocation changes and was part of the ongoing development and diversification of the range.
He said the inflation-linked bonds would be included as a component of the fixed interest asset class and would act as a hedge against inflation while still accessing returns in the asset class.
Dan Farmer, chief investment officer of MLC Asset Management, has detailed how its super fund allocations have evolved and whether the fund will consider investing in bitcoin.
Australia’s superannuation capital has been positioned to play a larger role in south-east Asia’s economic development under a new government-backed deal.
Superannuation funds have become the dominant force behind Australia’s private markets boom, fuelling unprecedented growth and reshaping manager operations.
Reserve Bank governor Michele Bullock has said the central bank sees private demand picking up over the next year, taking over from public demand.