News & Insights

In the report, Perpetual and the Financial Services Council find that the Asia Pacific is the leading contributor of funds flowing into Australian Managed Investment Trusts. There is significant scope for Australia to capitalise on further opportunities in the region.

A recent study conducted by Perpetual has found Australian RMBS is in demand among global investors, but Australia is not capitalising on the extent of opportunity.

In this new research report, Perpetual and the IPA find demand for Australian infrastructure assets is still increasing – but supply is getting tight. What does that mean for the sector?

Investment by foreign fund managers into Australian Managed Investment Trusts has doubled over the past five years but the proportion of financial exports has remained consistent at 3.6%.

The Australian Infrastructure Investment Report 2015 reveals a positive outlook for investment in Australian infrastructure but warns more should be done to maintain Australia’s position as an attractive investment destination.

There is increasing opportunity for local investment managers to raise capital in overseas markets as global investors seek real returns in a low growth world. Perpetual’s Rupert Smoker looks at this trend.

Sydney Airport (ASX:SYD) engaged Perpetual (via The Trust Company) in a complex series of transactions aimed at achieving simplification of its corporate structure, increasing permitted foreign ownership, greater certainty of tax arrangements and improved governance arrangements including Interposing independent Boards across stapled entities.

In global terms, Australia is already a key market for institutional investors who have an appetite for infrastructure but there are still challenges.

The Foreign Account Tax Compliance Act (FATCA) is United States (US) legislation, enacted to improve compliance with US tax laws

On 13 February 2015, ASIC announced that it had embarked on a campaign to review responsible entities' (REs) risk management processes, particularly focused on the impacts of heightened local and global market volatility. The Regulator's interest centres on how REs are managing liquidity and market volatility risks (ASIC 15-020MR).

The 2014 Australian Investment Managers Cross Border Flow Report, commissioned by Financial Services Council and Perpetual, provides a meaningful basis from which to analyse trends in the flow of funds into Australian Managed Investment trusts.

This research report commissioned by APREA and sponsored by Perpetual Corporate Trust highlights the different ways in which REITs are regulated and taxed in the region, looking at REIT structures, nature of operations, capital management, investor reporting, alignment of interests, related party transactions and regulatory and taxation issues.