Australian Hedge Fund Industry Tops A$42 Billion

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.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...