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Showing 141 - 150 of 224 results for "Unlisted assets"

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 ...

Northern Trust climbs custody league tables

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... statistics, ACSA had noticed the "significant trend" of investors' surging appetite to increase allocations to unlisted assets across equity, debt and infrastructure. "For example, for funds that disclose their allocation benchmarks, the APRA Quarterly ...

Pinnacle boutique eyes wholesale market

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
... of $50,000. Palisade is allocating $100 million to wholesale investors in PDIF. "We have seen the benefits that unlisted assets, and specifically unlisted infrastructure, can play in a diversified portfolio in terms of diversifying away from traditional ...

Infrastructure boutique hires former Hastings director

KANIKA SOOD  |  WEDNESDAY, 29 JAN 2020
... unitholder vote and appointed MIRA. IPIF's Core fund has raised $195 million so far and has exposure to about 32 unlisted assets. It is currently raising $250 million until March. It has so far raised about $75 million of this. "The raise is basically ...

HESTA names chief risk officer

JAMIE WILLIAMSON  |  THURSDAY, 16 JAN 2020
... leadership team, promoting Andrew Major to the position. Until the end of 2019 Major served as general manager, unlisted assets at the super fund. Before joining HESTA, Major was an executive director at Macquarie. He is currently the chair of the Australian ...

Underperformers should not be allowed new members: Silk

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... that's not the case." He was also quizzed by Leigh on the fund's decision not to publish the valuation of its unlisted assets, and said the fund was aiming to avoid providing potential asset buyers with a market advantage. "We don't want potential buyers ...

New role for former State Super investment chief

KANIKA SOOD  |  TUESDAY, 19 NOV 2019
... HESTA's general manager of portfolio strategy and risk Gary Gabriel. He initially joined State Super as head of unlisted assets and alternatives before being promoted to chief investment officer amid a leadership shuffle. Before this he worked at ...