There was a wide disparity in the pension funds’ allocations to unlisted assets, with the highest being AustralianSuper (32 per cent), Legalsuper (31 per cent) and Maritime Super (30 per cent) and the lowest being AXA Summit and CFS First Choice (both zero) and First State Super (2 per cent).
11 May 2009 13:00
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Investments
Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.
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