“Fund liquidity has been well-managed in the not-for-profit sector so we do not see the need for increased liquidity requirements which would only raise costs and lead to lower returns for members. There is more to managing liquidity than the size of capital requiremens,” Reynolds said.
Investments
In an environment where markets are becoming ever more concentrated, the $21 billion Team Super is happy to wear plenty of active risk from its managers and won’t use overlays to make up for underperformance.
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