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AHMay14
Hedge Funds Manager Developments (May 2014)
Blue Sky Alternative Investments will acquire hedge fund firm Investment Science through a transaction comprising of 100% Blue Sky scrip and upfront and deferred consideration components. Investment Scienceʼs details are in Basis Point Consultingʼs Australian Investment Managers Directory. Blue Sky reported a net loss of $2.89 million in the six months to Dec 2013. The firm is [...]
Deutsche Bank’s 12th Annual Survey Of Alternative Investors
Deutsche Bank has released the results of its 12th annual survey of investors in alternative class assets. The highlights include… • Investors remain bullish on industry growth – hedge funds are expected to reach a record $3 trillion by year-end 2014, up from $2.6tn as of 2013 year-end. This is based on investorsʼ predictions of $171 billion net [...]
Hedge Funds Rock 2014 – Australia
I was a bit concerned that our annual Australian event had floundered due to industry and personal changes. I was glad to hear that the night is locked in and is ready to rock and roll. Put it in your calendar, with the Westin Hotel as the venue, for Thursday the 18th of September. Carolyn [...]
Future Fund’s Allocation To Alternatives Drops
Alternatives assets have dropped to 14.6% of the Future Fund’s investment portfolio from 16.3% a year ago. However, due to the rise in the fund’s AUM to $96.6 billion, the actual allocation to alternatives has risen from $13.4 billion to $14.1 billion over the year. The fund’s allocation to both developed and emerging equity markets [...]
Global Hedge Funds Resigned To Regulatory Intrusions
EY’s seventh annual survey of the global hedge fund market,” Exploring pathways to growth”, reveals: • The industry continues to mature, and new practices have now almost entirely superseded the old hedge fund model. • Firms are focusing on growth ‘with a resigned acceptance of regulatory and reporting intrusions.’ Polarity exists, with the largest firms [...]
Aurora Fortitude And The Ups And Downs Of Australian 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 [...]
2014 Could Be A Standout Year For Australian Hedge Funds
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 [...]
