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Showing 1 - 10 of 28 results for "Illiquidity premium"

Nearly $12bn leaves Challenger in March quarter

KARREN VERGARA  |  TUESDAY, 21 APR 2026
... bid to improve weak demand. One of the key changes is refining specific parameters of the proposed advanced illiquidity premium calculation. "We strongly welcome APRA's reforms, which represent the biggest changes for providers of longevity products ...

FEATURE: Private equity | Time to deploy

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
... specifically private equity," she says. "First, it's really capturing the diversification that comes from the illiquidity premium. Because unlisted assets can't be sold instantly on the share market, investors need to be compensated for that ...

APRA launches 'advanced illiquidity premium' to capital framework reforms

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
... capital framework that will impact annuities and retirement income products, namely introducing the "advanced illiquidity premium" (AILP). After consulting with the industry, APRA released its final response to amending prudential standards on treating ...

Index managed portfolios still most popular among advisers: North

RIDDHIMA TALWANI  |  MONDAY, 16 MAR 2026
... available in listed markets. "Private equity, private credit, and real assets offer operational alpha and an illiquidity premium that can materially improve long-term real return outcomes for clients who have the time horizon and liquidity profile to ...

APRA tackles 'weak demand' for longevity products in second consultation

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
... released several proposals in the next stage of consultations, including a more principles-based approach to the illiquidity premium, including product eligibility under the revised framework, as well as a targeted restriction on assets backing longevity ...

Private markets, asset class correlations upending 60-40 portfolio

KARREN VERGARA  |  WEDNESDAY, 17 SEP 2025
... volatility," he said. "I think there's room for private market investments in their portfolios, and that illiquidity premium can be 2% to 5% returns over publicly like public market securities."

APRA plans to remove 'unnecessary obstacles' for longevity products

ANDREW MCKEAN  |  THURSDAY, 12 JUN 2025
... life insurers to liquidate assets during a market downturn. APRA has subsequently proposed to redesign the illiquidity premium in Prudential StandardLPS 112 Capital Adequacy: Measurement of Capital (LPS 112). The illiquidity premium in LPS 112 increases ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... as outlined in its Corporate Plan 2024-25," APRA said. Central to the potential changes is calculating the illiquidity premium in LPS 112 Capital Adequacy: Measurement of Capital. "This would lower life insurer capital requirements for annuity products ...

Next decade could bring back the conservative portfolio

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
... rewarded for risk. There will still be an equity risk premium that we can capture. There will also still be illiquidity premium that we can capture through the private asset space, through infrastructure, direct real estate, private equity, private debt," ...

Investors plan to continue private markets love affair

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2024
... private debt managers has also dropped, down 10% to 84%. Further, 47% of investors are anticipating a reduced illiquidity premium over the next 20 years. In terms of thematic opportunities, investors see opportunity across AI and technology, the energy ...
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