The hyperion financial services company has been in a regulatory tussle with regulators since 2011, when the Federal Government demanded it remove $1 billion in loans from a former owner.
It has since returned the money, but the money is only partly repaid, meaning it remains a problem for some investors.
This week, Hyperion will reveal a new approach to managing hyperion’s portfolio.
The company is aiming to use a more flexible approach to investing in the future, and will be using a new technology to do so, Hyperions Chief Financial Officer, Steve Naylor said.
The Hyperion business Mr Naylor describes the new approach as an “aggressive” approach to management, and a “fundamental change” for the firm.
It is designed to better manage the portfolio of the company’s more than $10 billion in assets, as well as manage its global growth and the risk it faces.
Mr Nathanson said Hyperion wanted to give the company a chance to show that it could deliver a return on investment, as the company is looking to return to profitability and grow beyond its current market value of around $40 billion.
Hyperion CEO and President, Dr Richard Sainsbury, said the company wanted to focus on delivering a “long-term” return on its capital investment, and he would work closely with the government and the Commonwealth to get the money back.
“The government is going to be able to use their financial system to support the economy and ensure that it continues to grow and deliver long-term investment, which means a return to its investors,” he said.
“They will have to pay the full cost of the loans to the company, but there will be no cost to the taxpayer.”
Hyperion’s new approach will be in line with the company ethos, Dr Sainsborough said.
It will allow Hyperion to manage its portfolio with “the flexibility and agility to adapt and evolve”, he said, while ensuring Hyperion can grow and be sustainable.
Mr Sainsham said Hyperions approach was about changing Hyperion and making it a more attractive place to work and invest.
The change will include “enhancing our focus on our financials, our management of assets and our return on capital”.
“Hyperion’s strategy will be to provide a strong, long- term return on assets, and we’re going to take the same approach with our technology,” he added.
The changes to Hyperion ‘aggressive’ approach The new approach is “an aggressive” approach, according to Hyperions CEO and president, Dr James Naylor.
He said it was a strategy that would help Hyperion get back to profitability, and that it would allow Hyperions to focus more on its financials.
Hyperions new approach Mr Nathan said the changes to the business were to “take the right approach and a strategic approach”.
The changes will include a focus on the asset management business, and an emphasis on asset management, he said and added: “We are going to look at all our assets in a strategic and aggressive manner.”
Hyperions business has been under fire since 2011 after the Government demanded the firm repay a $1.3 billion loan from a wealthy businessman who owned a vast majority of the business.
It was a huge loss for Hyperion, and it is now seeking a payout from the Government.
Hyperison was taken over by billionaire investor George Sainsby in 2014.
Mr and Mrs Sainsbys investment in Hyperion was worth more than twice the value of Hyperion itself.
Mr & Mrs Sinesbys $5.6 billion acquisition of Hyperions assets brought Hyperion closer to profitability.
Dr Naylor described the changes as a “radical change” and said they would help the firm grow its assets and be more “risk-tolerant”.
Hyperions’ return on equity The move to more “aggressive and flexible” management has led to Hyperison’s return on stock value increasing over the last year.
It now stands at $11.5 billion.
The move into a “riskier” asset management position means that the company has more flexibility to adjust to any situation and improve the way it invests.
Mr, Ms and Mr Sainys investment in the firm was worth around twice the worth of Hyperison itself.
Dr Sainy said that while the changes were “radical”, it was “very, very good news for our investors”.
“They’ve got a very, very positive outlook for our investment,” he explained.
“This is a really good time to be in the investment space.”
Hyperisons management will continue to focus entirely on its asset management businesses, which include investments in gold and silver mining, and mining exploration.
Mr. Naylor and Mr Naysbys investment into Hyperions mining assets was worth about $1 million.
Hyperisons shares rose 5.7 per cent to $539.86 in Sydney on Wednesday.