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| | | Superannuation funds, including AustralianSuper, Hostplus and Rest, have been slashing the value of their unlisted assets - now Willis Towers Watson is interrogating why. In a new paper, Willis Towers Watson senior investment consultant Nick Kelly said ... |
| | | | ... 30% in March, Rainmaker analysis shows the investments returns for 15 of Australia's leading not-for-profit superannuation funds weren't nearly as bad. Latest analysis from Rainmaker shows the average investment return for 15 of Australia's not-for-profit ... |
| | | | ... the ban through the Administrative Appeal Tribunal. Gibbs' offences saw the former adviser use around $5 million of client funds to prop up his own business, pay off his credit card debts and gamble. His clients trusted him with the operation of their ... |
| | | | This morning, GPT Group told investors in two wholesale funds of downward revisions to the book value, citing combination of drop of rental income and retail valuations post COVID-19. The GPT Wholesale Shopping Centre Fund recorded an 11% decline in ... |
| | | | ... Wednesday 25 March, also witnessed their purchase of semi-government bonds in scale." For Janus Henderson's fixed interest funds, Sivapalan said the firm had found profit by adding a significant amount of duration for both its Tactical Income and Australian ... |
| | | | ... months for members with a $100,000 balance. FairVine Super executive chair Sangeeta Venkatesan said she was hopeful other funds would soon follow suit and do the same for their members. "There is a lot of uncertainty right now, particularly when it comes ... |
| | | | Treasurer Josh Frydenberg has confirmed superannuation funds that fail to appropriately handle early release during the COVID-19 crisis will face penalties. Asked by Financial Standard how the government would handle funds that might face liquidity ... |
| | | | ... up their investments," he said. BetaShares, which is better recognised as a fast-growing ETF issuer, has had an unlisted funds management business for institutional investors for about five years. Its unlisted funds lineup includes about a dozen strategies ... |
| | | | ... Financial Standard. It comes just weeks after the fund pushed back the deadline for its planned merger with MTAA Super. The two funds were originally scheduled to merge on October 1 this year, but have now extended the deadline to finalise the deal until ... |
| | | | 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 ... |
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