Tuesday, 2 September 2014
Last updated 1 hour ago
Sep 18 2012 | 11:05am ET
Australia's hedge funds now manage more than those in either Hong Kong or Singapore, as institutional investors Down Under flock to the sector.
The 63 hedge funds in the Triple A Partners/Basis Point Consulting Australian Hedge and Boutique Fund Directory boast A$42.8 billion (US$45 million) in assets under management. That compares with $37 million managed by hedge fund in Hong Kong and A$20 billion in Singapore.
Aussie hedge funds and boutique asset managers now manage a combined A$208.4 billion, thanks in no small part to growing allocations from the country's superannuation funds.
What's more, some of the biggest firms are using their good fortune to expand to the Asia-Pacifc region.
Platinum Asset Management is Australia's largest hedge fund firm, with A$14 billion, followed by Blackrock Investment Management Australia with A$5.8 billion, GMO Australia's Systematic Global Macro Trust with A$1.9 billion, Macquarie Group's MQ Specialist Investment Management with A$1.6 billion and PM Capital, also with A$1.6 billion.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...