Thursday, 24 July 2014
Last updated 3 min ago
Sep 12 2011 | 12:43pm ET
AQR Capital Management's two-year old Australian hedge fund has attracted some impressive inflows Down Under over the past three months.
Institutional investors in Australia and New Zealand have committed more than A$150 million (US$157 million) to the AQR Wholesale Delta Fund, the Financial Standard reports. The inflows have roughly quadrupled the fund's assets under management to about A$200 million.
"We have intentionally priced this fund at the cheapest end of the alternatives peer group, providing a strong value proposition to investors in the alternatives space," Simon Willis, head of wholesale at AQR Australia, told the Standard.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…