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Showing 41 - 50 of 99 results for "Listed Assets"

Cbus ready to deploy cash

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
As COVID-19 pushes down asset prices, Cbus investment chief Kristian Fok is turning his focus to the buying opportunities ahead. The fund's board devalued its unlisted assets between 8-15% in response to COVID-19, and its March quarter returns stood ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
With more than one million people applying for the government's early release scheme, questions surrounding super fund ownership in equity markets have come to the fore. The government's scheme will so far put at least a $9 billion strain on Australia's ...

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 ...

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 ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... probably the majority of funds, it's not a liquidity issue. We've got billions and billions of dollars in listed assets and we haven't had to sell one single listed asset [as at March 31] but we may need to, depending on what the demand is," ...

Your super is safe with us: Silk

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
The chief executive of the nation's largest super fund has written to members reassuring them that their super will be safer staying with the fund. AustralianSuper chief executive Ian Silk said during this unprecedented time, members should refrain ...

Fund managers driven to alternatives: Report

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
... 12 months." The report found that managers like CFS, Pendal and MLC most often opt for alternative investments in listed assets, while industry funds focus on the unlisted options. "CFS, Pendal, Perpetual, and MLC have opted for the listed part of the ...

YouTube fundie ousted, flagship fund to be wound up

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... would not be possible to lift the suspension and re-open the fund until the sale of its unlisted and less liquid listed assets was completed," Link said in a letter to investors. "Failure to do so before the re-opening of the fund would risk a further ...

Perpetual in acquisition mode

KANIKA SOOD  |  FRIDAY, 23 AUG 2019
Perpetual is willing to break away from its value investing heritage as it looks for new investment managers to add to its lineup. Perpetual Investments, which brings almost half of the company's operating profits, reported a 29% slump in its profits ...

Blue Sky LIC gets a new suitor

KANIKA SOOD  |  WEDNESDAY, 24 OCT 2018
Geoff Wilson has thrown his hat in the ring for the troubled Blue Sky LIC which last week reached an agreement to appoint a Pinnacle affiliate as its new manager. Wilson Asset Management has sent a proposal to the LIC's non-executive directors, making ...