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Showing 1 - 10 of 77 results for "illiquid assets"

Super the backbone of stressed financial ecosystem: APRA

MATTHEW WAI  |  TUESDAY, 30 JUN 2026
... the need of having robust valuation policies to support "fair and appropriate" member outcomes. "Allocations to illiquid assets in MySuper options (the default option for members) increased substantially compared to the change in other investment options ...

Regulators push for stronger stress-testing capability, resilience

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... is a key component of stress and systemic impact. The super fund chief executives also acknowledged that owning illiquid assets comes with several challenges. While the SRST was not a test of solvency, the regulators said the discussions highlighted ...

FCA pursues Neil Woodford again

KARREN VERGARA  |  THURSDAY, 11 JUN 2026
... now-defunct Woodford Equity Income Fund (WEIF). WEIF fell into a liquidity crunch in 2019 after investing in mostly illiquid assets. Last year, the FCA fined Woodford and his defunct company more than £45 million ($94m) after finding between July 2018 ...

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... which will create serious cashflow issues for taxpayers, especially for small business owners and farmers who hold illiquid assets like real property in their self-managed super funds. "There's a strong possibility a member could be cumulatively ...

FCA fines Neil Woodford, WIM $94m

KARREN VERGARA  |  WEDNESDAY, 6 AUG 2025
... fine ($82.1m). The Woodford Equity Income Fund (WEIF) faced a liquidity crunch in 2019 after investing in mostly illiquid assets. Link Fund Solutions, which is now under MUFG, was the fund manager of the WEIF. The value of the WEIF fell from a high of ...

Special feature: Shaping private markets

ELIZABETH FRY  |  TUESDAY, 29 JUL 2025
... Valuation lags collided with real-time member redemptions, forcing funds to confront the challenge of liquidating illiquid assets without distorting pricing or harming remaining members. "How do you make an assessment on liquidity if you're not completely ...

Active Super PM opens asset consultant

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
... fund managers, Pholsena offers clients exclusive entry points to traditional assets, alternative investments, and illiquid assets - all carefully tailored to meet their distinct needs and objectives. "Family offices and private wealth firms can access ...

State Super: In decline but doing fine

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
... the norm for assets that move differently. While funds traditionally turn to infrastructure, property, or other illiquid assets, which State Super has done in the past, managing negative cash flow requires liquidity. Consequently, it has largely exited ...

Super funds 'playing to their strengths' in private markets

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... predictable stream of cash inflow to provide appropriate liquidity buffers. "This enables a greater allocation to illiquid assets while being able to deftly handle sudden market selloffs and manage longer-term demographic risks. As one of the key drawbacks ...

Growth of SMSFs, Div 296 opportunity for advisers

MATTHEW WAI  |  WEDNESDAY, 18 SEP 2024
... its members holding direct property assets will "find It difficult to meet additional tax obligations on these illiquid assets." Tim Steele, chief executive at Class, said small business owners and farmers could be the biggest losers under Division 296. ...
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