Cuffe and others offer guidance for tough times

Chris Cuffe, funds manager-turned philanthropist, will address industry breakfasts in Melbourne tomorrow morning and Sydney on Thursday on ‘Difficult Times – Tough Questions – Brave Answers’.

The breakfasts, organised by Portfolio Construction Forum, will be moderated by Alan Kohler, ABC finance editor and publisher of the Eureka Report. Part of the $22-a-head proceeds will go to Cuffe’s charity, Social Ventures Australia, The breakfasts will involve a panel including Cuffe, Hamish Douglass, the chair and global portfolio manager of Magellan Financial Group, and Tim Farrelly, former funds manager and consultant at Farrelly’s Investment Strategy. The Melbourne venue is: Observation deck at Rialto, Lvl 55, 525 Collins Street; and Sydney is: American Club, Lvl 15, 131 Macquarie Street. Both events start at 7.15am. Information: www.portfolioconstructionforum.com.au or phone Frank Casarotti on 0418 643 258.

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‘Not an ATM’: Sicilia shrugs off private credit liquidity fears

The chief investment officer of the $150 billion industry super fund says that Hostplus’ portfolio will weather the ongoing downturn in software companies and that moves by a number of large private credit managers to gate their funds are a result of the asset class being offered to retail investors who should not have assumed the funds would be liquid enough to get money out when everybody else is trying to do the same.

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