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Showing 91 - 100 of 180 results for "Unlisted assets"

Asset values could drop to 2017 levels: MSCI

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... superannuation funds could drop to levels last seen in late 2017 as a result of recent out-of-cycle write downs on unlisted assets. New analysis by MSCI Research executive director Bryan Reid reveals the 10% drop in the asset values of several superannuation ...

Hostplus responds to PDS controversy

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... of Hostplus' liquidity has occurred after years of the fund publicly spruiking an allocation as high as 40% to unlisted assets. In 2018, Hostplus chief investment officer Sam Sicilia told Investment Magazine : "We have a zero allocation to fixed interest ...

Super should shape up on unlisted valuations: WTW

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
Superannuation funds, including AustralianSuper, Hostplus and Rest, have been slashing the value of their unlisted assets - now Willis Towers Watson is interrogating why. In a new paper, Willis Towers Watson senior investment consultant Nick Kelly said ...

Wholesale property fund revises down valuations

KANIKA SOOD  |  TUESDAY, 7 APR 2020
... COVID-19. Last week, the government asked superannuation funds to submit their approach to the revaluation of unlisted assets, and loss of rental income from SME tenants owing to COVID-19 by April 29.

Super funds probed on liquidity, rental assistance measures

KANIKA SOOD  |  MONDAY, 6 APR 2020
... Standing Committee on Economics chair Tim Wilson has written to superannuation funds seeking numbers on liquidity, unlisted assets and stimulus measures by April 29. In a letter sent to superannuation funds last Wednesday, Wilson has asked funds to submit ...

Asset devaluation continues

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
Another industry super fund has reduced the value of its unlisted assets as the impact of the COVID-19 pandemic worsen. Hostplus has devalued assets within its property and infrastructure portfolios by a range of 7.5%-10% depending on the individual ...

Your super is safe with us: Silk

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... performance over the last 10 years," Silk said. "For members who are in the balanced investment option, exposure to unlisted assets is playing an important role to reduce the impact of market volatility on returns. "While all unlisted assets have been ...

COVID-19 shaves $290bn off super

KANIKA SOOD  |  WEDNESDAY, 25 MAR 2020
... lost about 13.3% in the three-week period. The fund has since revised down its returns further, as it revalues unlisted assets. In the three-week period ending March 12, while superannuation funds fell about 13%, the stock markets were down much more ...

Super funds revalue unlisted assets

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
Some of the nation's largest superannuation funds have revalued their unlisted assets to give members an up-to-date understanding of how COVID-19 is hitting their retirement savings. AustralianSuper has cut the value of its unlisted assets to the tune ...

COVID-19 to hasten merger talks

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... would need to avoid the mistakes made by funds during the GFC, whereby several super funds did not revalue their unlisted assets until APRA forced them to do so. "The result is that some members switched their investments into portfolios which were subsequently ...