Is it time to take tougher line with unlisted assets?
A fresh review of the regulatory and governance setting for investing in illiquid assets can only improve the baseline outcome for consumers.
A fresh review of the regulatory and governance setting for investing in illiquid assets can only improve the baseline outcome for consumers.
Investment chief Raphael Arndt said the fund has been steadily building up liquidity to snap up bargains from forced sellers.
Legal and structural risks as well as “mark to market valuations” and liquidity mismatches are just some of the issues emanating from the crisis.
Super funds must emerge from COVID-19 able to prove their time in isolation has been productive and they are not just a one-trick pony.
The industry has seen a host of media outlets engage in unnecessary personal attacks on individuals over recent weeks. Publishers need to step up and focus on research-driven, holistic coverage if we are to act as catalysts for change.
Since the outbreak of the coronavirus first roiled markets, the value of infrastructure and property assets have been cut by just 5 to 10 per cent. The industry says there is more to come.
The super fund researcher will be speaking with funds over the next few weeks who they deem are the most at risk from the government’s early release provision.
Governor Philip Lowe has warned of “quite large” redemptions for some funds from the government’s early release provisions, but rules out a liquidity backstop, at least for now.
Raphael Sobotka, global head of retirement solutions at the $2.8 trillion global asset manager, said his team had not experienced any net redemptions since the outbreak of the coronavirus roiled financial markets.
Some of Australia’s biggest super funds are said to be preparing to step in and snap up assets owned by Hostplus, helping the beleaguered industry fund address any liquidity issues.
Urs Ramseier, chief executive and chief investment officer, Twelve Capital talks with Alex Proimos, head of institutional content, Investment Magazine
Artificial intelligence is a game-changing technology set to disrupt virtually every sector. Here, our analysts based in our global headquarters in California’s Silicon Valley examine the growing influence of AI across industries and explain how they evaluate investment potential for AI capabilities.