UniSuper calls on peers to suspend stock lending
CIO John Pearce has suspended the fund’s stock lending program amid the worst equity sell off since the black market crash of 1987.
CIO John Pearce has suspended the fund’s stock lending program amid the worst equity sell off since the black market crash of 1987.
Chief executive Andrew Polson said the market turbulence and supply chain shocks from the coronavirus outbreak was a powerful warning that the margin for error in a highly-leveraged and interconnected world was very low.
Chief economist Alex Joiner expects pension funds to load up on mid-risk assets like infrastructure, particularly in the aftermath of the coronavirus.
Australian asset owners are only just starting to invest in realtech, a new sub sector of real estate that some of the world’s largest institutional investors have already allocated capital to.
Investments in medical centres, retirement communities and aged care homes are supported by long term demographic trends, but sourcing the operators to manage the asset is proving a challenge for investors.
When it comes to family law disputes there have been positive changes in recent years. But splitting super assets is still far harder than it needs to be.
Anne-Marie Corboy, chair of Australia’s largest corporate superannuation fund, talks about sustainability, the Retirement Income Review and the urgent need for policies that help disadvantaged women.
Kevin Hassett, the former economic adviser to US president Donald Trump, has warned that the chance of the global economy falling into a deep recession from the coronavirus outbreak was “pretty close to 100 per cent.”
If you could demonstrate investor skill making short-term allocations, avoiding pitfalls, and making small but positive incremental improvements, you could build successfully to a long-term outcome.
Investors are increasing their allocation to real estate which has caused a supply and demand mismatch sparking concerns that risks in the sector are mounting, says AXA Investment Management’s Justin Curlow.
Australia’s consultants say investor appetite has turned towards niche and esoteric private credit strategies as they hunt for extra yield in the asset class.
Institutional investors including Australian super funds are allocating more money to private credit strategies in Asia as the region’s banks dial back lending to the middle market in favour of larger companies.