Australia,
however defined benefit funds were excluded for the purposes of the research due
to the higher nature of their administration costs. The data collected related to the year to June 30, 2008.
06/04/2009
Alternatives
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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