Tuesday, 30 September 2014
Last updated 8 hours ago
Aug 20 2008 | 1:38pm ET
Macquarie has launched a A$1 billion fund to invest in residential mortgage-backed securities in Australia.
The Debt Market Opportunity Fund buys investment-grade bundled mortgages Down Under. Macquarie plans to increase the size of the fund to as much as A$10 billion over the next few years.
“There are many, many differences between the Australian sectors and the U.S. mortgage markets,” Dean Stewart, divisional director of Macquarie Funds Management, told The Australian. “There are different regulatory regimes and recourse rules to the lenders in the U.S.”
He added that the firm has received interest from “some very large investors” in the new fund.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...