Hostplus, every mention

Sam Sicilia – Seizing on a Long Time Horizon at HostPlus (EP.103) Jul 1, 2019 · 41 mentions

• ▶ 4:06 Ted Seides My guest on today's show is Sam Cecilia, the chief investment officer of Host Plus, Australia's thirty seven billion dollar superannuation fund. 3 times in the scene
• ▶ 8:36 Ted Seides Where did your career take you until the point where you joined Host Plus? 3 times in the scene
• ▶ 10:31 Sam Sicilia So 11 years ago, Host Plus was seven billion dollars in size. 6 times in the scene
• ▶ 13:31 Sam Sicilia It probably helps to understand a little bit about Host Plus and what drives the fund, because one of the lessons I've learned over the years is that a pile of money differs from another pile of money when it enters into the marketplace,… 6 times in the scene
• ▶ 17:06 Ted Seides So we start as a backdrop of that your particular fund has a long duration. 6 times in the scene
• ▶ 22:46 Sam Sicilia I only have one pile of money to worry about, and that's Host Plus. 2 times in the scene
• ▶ 26:35 Ted Seides So let's turn to Host Plus Assets, and how do you structure the portfolio?
• ▶ 37:17 Sam Sicilia The problem is that if you have a defined benefit fund, which Host Plus is not, we're a, we're a defined contribution fund, more like a four oh one K, but we're not a defined benefit fund, then that three percent return is a big headache…
• ▶ 41:12 Sam Sicilia In fact, if you look at Host Plus's website, you won't see too many brand names across any asset class, because we don't invest in brands
• ▶ 44:15 Sam Sicilia The internal team at Host Plus understands that we are a relationship based organization, and we have relationship sourced managers. 6 times in the scene
• ▶ 1:00:25 Sam Sicilia An investor like Host Plus who provides them with seed investment capital that effectively underpins their business when nobody else will because they don't have a track record yet. 2 times in the scene
• ▶ 1:04:28 Sam Sicilia Today, we view them in the following way, and remember, I only need to solve for Host Plus's capital.
• ▶ 1:10:57 Sam Sicilia And that fiduciary model has worked really well for the superannuation system in general, and particularly well for Hostplus.
• ▶ 1:12:41 Ted Seides I want to turn to some closing questions, but I have one burning question to ask you before we do that, which is if we turn the lens onto you and your team, there's the same key question you ask your managers, which is as you're competing…
• ▶ 1:21:04 Sam Sicilia So as my role as CIO of Host Plus is to allocate capital for the retirement benefit of over a million working Australians so that they have a shot at a dignified retirement.