Wednesday, 27 August 2014
Last updated 31 min ago
Oct 15 2012 | 7:31am ET
MLC, the wealth management division of the National Australia Bank, has appointed Diversified Global Asset Management Corporation as its hedge fund adviser.
MLC conducted a global search for a partner to expand its coverage of alternative investment managers and strategies. MLC expects to double its hedge fund assets from A$500 million to over A$1 billion over the next 12-18 months.
"We selected DGAM based on their combination of investment, advisory and risk management knowledge and experience,” said Gareth Abley, head of alternative strategies at MLC.
"We are excited to partner with MLC to broaden its investment capabilities, and believe our shared ethos will produce a successful outcome for MLC," said Warren Wright, chief investment officer and co-founder of DGAM.
Based in Toronto, Canada, DGAM was founded in 2004 and currently manages and advises on over US$5 billion of hedge fund assets. The firm is employee owned and invests on behalf of an institutional client base, which includes some of the world's largest public and private pension funds, endowments and sovereign wealth funds.
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 ...