POWERED BY MOMENTUM MEDIA
Magnanimous Mu
Rollover knows how often a chief executive’s key performance indicators (KPIs) are based on the degree to which they can grow their company’s market share, and so he tips his hat to the magnanimity of AIA Australia chief executive, Damien Mu.
You see Mu is one of the few insurance industry chief executives Rollover has ever heard publicly acknowledge the success of a competitor.
While sitting on a panel with TAL chief executive, Brett Clark, Mu noted during early August’s Financial Services Council annual conference that TAL had become Australia’s largest life insurer.
A magnanimous gesture on Mu’s part, albeit he acknowledged that it was something that was not that easy to say.
Rollover feels certain that the TAL CEO would have proved equally magnanimous if the shoe had been on the other foot.
AUTHOR
The Rollover
Rollover is a jaded hack who joined the staff of Super Review nearly two decades’ ago and never managed to summon the energy to leave. Known throughout the superannuation industry as a power-luncher and gossip, Rollover spends his time humouring fund managers, eavesdropping at conferences, dozing through briefings and looking for his next free meal.
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TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
66.99 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
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