Unlisted Assets

topic on 1 show · 3 statements across 2 episodes

Capital Allocators

3 statements about Unlisted Assets, every show

Sawtell-Rickson: HESTA expects to transition to fewer, deeper partners
“So we think we'll probably have Fewer, deeper partners into the future, and then how do we create capability so that we have more discretion in our building?”
Sonya Sawtell-Rickson Oct 9, 2023 ▶ 34:51 Sonya Sawtell-Rickson – Total Portfolio Approach at Australian Superannuation HESTA (EP.342)
Hostplus uses hedge funds as crisis liquidity, not for volatility protection
“So we view hedge funds playing that role rather than protecting the portfolio from The volatility of equity markets. Our unlisted assets have that role.”
Sam Sicilia Jul 1, 2019 ▶ 1:07:27 Sam Sicilia – Seizing on a Long Time Horizon at HostPlus (EP.103)
Sicilia: Unlisted asset stability stems from cash flows, not just valuation lag
“Our downside protection comes from unlisted assets. The volatility of the equity markets is dampened By the existence of unlisted assets in varying degrees, and that's not just a valuation lag. It's also to do with the quality of the cash flows that you get fr…”
Sam Sicilia Jul 1, 2019 ▶ 27:53 Sam Sicilia – Seizing on a Long Time Horizon at HostPlus (EP.103)

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