Navigating investments in 2020 has been complicated in the face of sharp declines in GDP, volatility of listed equities and the low yields from traditional fixed income. Offering reduced correlation to listed assets, nimble governance and long-term management focus, this conversation considers how private equity might act as an attractive diversifier for wholesale investors.
Budget papers reveal ASIC will receive $17.8 million over the next four years to help monitor managed investment schemes in the aftermath of the Shield and First Guardian collapse. But the welcome additional funding comes as the financial services industry offers a largely negative response to the Labor government’s increase in capital gains tax.
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