T +61 2 9921 4410
M+61 419 886 662
F+61 2 9921 8333

Maged Girgis

Maged Girgis is one of the country's most respected financial services lawyers with more than 19 years’ experience as a specialist superannuation funds advisor.

Mag advises the full spectrum of financial services industry participants across all legal, regulatory and taxation issues. He acts for corporate, industry, public offer and public sector superannuation funds as well as employers, administrators, trustee companies, life insurers and investment managers.

Some of Mag’s long-standing clients include Allianz, AMP, Asteron/Promina, BT, First State Super, Hannover Life Re, IBM, ING/Onepath, Media Super, Perpetual, and NSW State Super Scheme.

Mag also brings invaluable industry experience to his specialist practice. Prior to joining the firm, he spent time as an in-house counsel for a large superannuation and life insurance provider.

Mag is a regular presenter at leading industry conferences and a Fellow of the Association of Superannuation Funds of Australia. Mag is also a member of the Law Council of Australia Superannuation Committee.

24 September 2015

There is momentum behind the recognition of financial risks and opportunities associated with climate change and environmental, social and governance (ESG) factors in over the horizon investment decisions. This is driven not only by ethical shareholder groups but increasingly on the international scene by leading institutions who are proactively engaging with the associated valuation, risk management and disclosure issues. These changes shape debate around the investment of client funds in Australia (where there is no member-direction) and could be the tipping point that mainstream trustees and portfolio managers would be ill-advised to ignore.

14 September 2015

A recent case filing in the US illustrates the importance of fund trustees and their directors remaining informed, proactive and engaged on the issues that may materially impact on portfolio risk management and strategy.

27 January 2015

Recent publicity surrounding the exclusion or divestiture of stocks in carbon-intensive industries shows that leading investors are reviewing the financial risks (and opportunities) associated with climate change. However, with debate on climate change often pitched around ideological poles, many superannuation fund trustees are struggling to translate these developments into prudent governance practice, consistent with their statutory and general law duties. This article looks beyond the political debate to consider what recent developments on climate change mean for the legal obligations of fund trustees, and the implications for boardroom practice. In doing so, they note that focus on the outcomes of investment (or divestment) decisions may have obscured the key legal issue – that of diligent process.