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Showing 31 - 40 of 77 results for "illiquid assets"

ASIC delivers thinly veiled warning

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... Authority (APRA)," the regulator said. "Some are also backed by concentrated portfolios of higher risk unlisted and illiquid assets." Low interest rates and market volatility may be driving consumers to seek such alternatives, ASIC fears. The regulator ...

Super CIOs defend illiquid assets

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... table hosted by QIC the chief investment officers of AustralianSuper, LGIAsuper and more defended allocations to illiquid assets. Following weeks of scrutiny over potential liquidity issues facing super funds, the chief investments officers from AustralianSuper ...

Investment approaches in change phase

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... to sell because they need liquidity," he said. "About a year ago the Future Fund was reducing its allocation to illiquid assets because despite performing very well they saw they had become very expensive." This, Unger said, is the benefits of TPA and ...

Future Fund falls 3.4% in March quarter

KANIKA SOOD  |  MONDAY, 27 APR 2020
... to March end, while March quarter returns would be -6.6%. "...We have not undertaken a process of revaluing our illiquid assets. We've got not need to do that...At the end of the fiscal year in June, we will go through the normal process of valuing ...

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... sure there's necessarily an issue with the investment strategies given that superannuation is long term and illiquid assets are generally associated with longer term investment timeframes." He does join Geffin on one criticism though - too much of ...

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
... "Rest has extensive fund assets including cash, and other liquid assets, and we are comfortable about managing our illiquid assets such as property and infrastructure," Doyle said. "Our active investment approach means over the past few years we have ...

Super fee obsession must stop

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
... the body for private market investors has urged the government to focus less on fees and consider the place for illiquid assets in MySuper. Citing APRA's heat maps as an example, the Australian Investment Council (formerly AVCAL) said that policy makers ...

YouTube fundie walks away

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... Woodford Equity Income Fund (WEIF) was first suspended due to liquidity issues. Woodford had invested in unquoted, illiquid assets in a proportion which presented serious issues for the fund. The suspension famously resulted in Woodford taking to YouTube ...

Bonds raise alarm at fund manager

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
... on personal relationships between Windhorst and H20 managers. "For absolute clarity, our aggregate exposures to illiquid assets are strictly limited to between 5% and 10% of each of these three fund's net assets," H20 Asset Management chief executive ...

Retiree savings won't last: World Economic Forum

HARRISON WORLEY  |  MONDAY, 17 JUN 2019
... they require adequate understanding and sound financial advice, investment in alternative assets, particularly illiquid assets, can bring strong diversification benefits to a retirement investment portfolio." The Forum said governments should consider ...