Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 224 results for "Unlisted assets"

Pain ahead for super trustees on unlisted valuations

KANIKA SOOD  |  MONDAY, 6 SEP 2021
Last year many superannuation funds revalued their unlisted assets during lockdowns. Now APRA says most of their policies were deficient. Super funds took different approaches to the revaluations. For example, at Cbus the board devalued unlisted assets ...

APRA leaves door open for benchmark tweaks

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... general manager superannuation Katrina Ellis says the regulator is open to finding better benchmarks, especially for unlisted assets, in both its heatmaps and Your Future, Your Super performance test. Speaking at AIST's annual investment conference ...

Mercer bolsters alternatives team

ANNABELLE DICKSON  |  WEDNESDAY, 14 JUL 2021
... alternative asset classes can provide to reach their investment goals, by increasing their exposure to private and unlisted assets." Following increased demand locally for alternatives and portfolio diversification, Mercer launched an Australian-domiciled ...

Colonial First State reports 22.4% in super returns

KANIKA SOOD  |  TUESDAY, 13 JUL 2021
... FirstChoice and did 8.6% above its benchmark during FY21. The fund is also looking to increase its exposure to unlisted assets. Last year, it appointed Mercer to invest in direct property for FirstChoice. "We are looking at taking some of the money in ...

MLC appoints co-head of private equity

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
... wide-ranging international expertise together with his experience in leading a team that looked at a wide range of unlisted assets such as private equity, direct property and infrastructure, as well as listed equity and fund investments means he is a ...

Labor to push for YFYS stapling amendments

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... changes the government made to performance benchmarks: addition of administration fees and change of benchmarks for unlisted assets. "I think by and large -- it's difficult for us to [say] given so much of this stuff is in regulations and the regulations ...

Infrastructure investment builds to $170bn

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... investors notwithstanding concerns raised by government superannuation commentators on super funds that hold excessive unlisted assets. According to APRA, super funds in Australia hold $115 billion in assets; 45% of which is in unlisted assets within ...

Draft regulation on YFYS released

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
The government has conceded to industry demands on administration fees and unlisted assets' treatment in the new APRA performance tests, as it finally releases draft regulation for the Your Future, Your Super reforms. It has agreed to include administration ...

Unlisted assets deliver modest returns

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
New research reveals that MySuper products with high weightings to unlisted assets provide modest returns but contribute lower volatility and higher autocorrelation. Rainmaker's latest RMetric report sought to find out if the performance of MySuper ...

Super fund ups stake in renewable company

KARREN VERGARA  |  FRIDAY, 26 MAR 2021
... climate-related risk management at its December 2020 annual members' meeting. "As a significant investor in unlisted assets such as infrastructure, property and venture capital, Hostplus' members are invested in companies such as PowAR that are ...