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AHMay14
Access, Partnership And Expertise In Hedge Funds
I talk a lot about the local hedge fund industry being somewhat forgotten. When Fund of Funds pumped money into the best hedge funds in the world, they extended their process by allocating for geographic diversification. As a result, Australian managers did well. I took a number of Aussie managers around the world and I was lucky [...]
I have previously discussed that since the Global Financial Crisis, Australian Hedge Fund Managers have done it tough. There has been recovery and some managers have done quite well, good performance and improving AUM. Institutional investors are adding alternatives to the asset allocation and Asset Consultants are building Hedge Fund teams. Considering our business of [...]
ASIC has received industry submissions seeking to refine the definition of ‘hedge fund’. There are concerns the current definition affects a number of funds that do not exhibit the same risks to investors as ‘true’ hedge funds. A hedge fund is currently defined as… promoted as being a ‘hedge fund’, or exhibits two or more [...]
The 2nd edition of the Australian Hedge & Boutique Fund Directory is now being developed. Fund managers are invited to have their details listed (at no cost) - please contact David Chin, Managing Director, Basis Point Consulting david “at ” basispoint.com.au. The 2nd edition will be even more comprehensive than the 1st edition, with: • [...]
ASIC has released Regulatory Guide 240 – Hedge funds improving disclosure. The 38-page guide offers benchmarks and disclosure principles related to the issue of Product Disclosure Statements (PDS). The guide covers benchmarks for valuation of assets and periodic reporting, and disclosure principles on investment strategy, manager, fund structure, valuation/location/ custody of assets, liquidity, leverage, derivatives, [...]