Top Australia Pension Pushes Back on More Private Asset Pricing
One of Australia's largest pension funds expressed skepticism over the potential for deeper regulation of private markets, and questioned whether it would be realistic for institutional investors to value unlisted assets more frequently.
'On the issue of valuations, the regulators are tying to solve for something that can't be solved,' Hostplus Chief Executive Officer David Elia told the Australian Financial Review Business Summit in Sydney on Tuesday. He also doubted whether it was realistic to value assets such as Sydney Airport 'on a daily basis.'
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