A Macquarie Group engineer tells asset managers and investors that outdated systems can subject their organizations to risks and challenges and make it harder to integrate artificial intelligence tools.
The Reserve Bank of Australia’s new Financial Stability Review also emphasized the importance of building resilience to financial and cybersecurity stress.
The $58 billion Australian superannuation fund also placed WiseTech on its watch list following four board resignations.
WTW’s Thinking Ahead Institute found that international unrest and an uncertain worldwide economic outlook hinder an otherwise growing global retirement effort.
Future Fund CIO Ben Samild said the deal is in line with the A$223.4 billion sovereign wealth fund’s strategy to increase its Australian dollar exposure.
