Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 66 results for "illiquid assets"

Bookmakers fund adopts liquidity strategy

RUTH LIEW  |  WEDNESDAY, 30 JUN 2010
... accumulation and balanced pension investment strategies will each be divided into two parts. The first part will contain illiquid assets such as direct mortgage loans and unlisted mortgage trusts, which are currently held in the balanced investment strategies. ...

UniSuper reviews illiquidity risk

RUTH LIEW  |  FRIDAY, 16 APR 2010
... reviewing illiquidity risk across its investment portfolio - and while the fund currently has "limited appetite" for illiquid assets, it is not ruling out one or two more big ticket mandates in unlisted investments. John Pearce, chief investment officer ...

Harvard puts property on sale

RUTH LIEW  |  THURSDAY, 25 FEB 2010
... a time when the sector has been hammered by deteriorating economic conditions, debt market issues, gearing and illiquid assets that are hard to sell. Sharp declines in returns from unlisted direct-property and diversified-property funds have also pummelled ...

Mortgage trust managers have lots of questions to answer

JOHN KAVANAGH  |  FRIDAY, 19 FEB 2010
... to come up with a long-term solution to the liquidity question. Fund managers acknowledge that investments in illiquid assets (three and five year commercial mortgages) can no longer be sold through trusts that offer investors their money back at call. ...

Unlisted assets should be limited: IFSA

ALEX DUNNIN  |  FRIDAY, 23 OCT 2009
... to introduce daily unit pricing. While some of Brogden's proposals are likely to stir controversy, his call for illiquid assets to be valued at least annually should be welcomed as most funds using unlisted assets are already moving in this direction. ...

Instos cool on direct infrastructure

MICHAEL HOBBS  |  TUESDAY, 10 MAR 2009
... unlisted portfolio is full. "[Talking to] some of our clients it comes down to liquidity issues, the level of illiquid assets in their overall portfolio has been increasing quite dramatically as the prices in the listed sector have come down and prices ...

Daily unit pricing not the answer: Henaghan

RUTH LIEW  |  THURSDAY, 4 DEC 2008
... particularly if the reporting mechanism actually impacts their investment strategy by inhibiting investments in illiquid assets. "One of the reasons why funds might have a lower return is their inability to tap into the unlisted market - precisely because ...

Macfarlane calls for a new regulatory regime

WWW.THESHEET.COM  |  THURSDAY, 4 DEC 2008
... over-leveraged speculators in dubious assets. "Non-bank financial institutions have a role to play but they should not own illiquid assets funded by large liabilities." The risk inherent in management reward policies should be addressed in regulation. ...

Platform wedge over pricing

RUTH LIEW  |  MONDAY, 17 NOV 2008
... unlisted investments should be accounted for and included on platforms but growing investor allocation towards illiquid assets could force the sector to adopt an industry-wide solution. Rick Di Cristoforo, managing director of Matrix Financial Planning ...

Bail-out Plan B

BENJAMIN ONG  |  THURSDAY, 13 NOV 2008
... credit lending to consumers and businesses. The TARP package was initially sold to the US Congress as a plan to buy illiquid assets from lending institutions, repairing their balance sheets and allowing them to resume their lending activities. Five weeks ...