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Showing 141 - 150 of 227 results for "unlisted assets"

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 ...

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 ...