Access, Partnership And Expertise In Hedge Funds
Total assets managed by the Top 100 global alternative investment managers (by AUM size) reached $3.1 trillion in 2012, according to research by Towers Watson and published in conjunction with the Financial Times. The 97-page Global Alternatives Survey covered seven asset classes (see below) with real estate accounting for a third of AUM. Hedge funds, [...]
Recently I met an old friend working for a prominent Australian Multi Manager. We met at a coffee shop, which was part of the brand new, state-of-the-art bank headquarters in a newly developed area just south of Sydney’s CBD. I was quite amazed at a number of things. First, the office was a “hot desk” [...]
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 [...]
Australia’s Future Fund has lowered its alternatives allocation from 16.3 per cent to 15.3 per cent, according to its March quarterly fund update. All asset classes, except cash, debt securities and alternative assets, remained relatively unchanged. Debt securities suffered the greatest drop (down 2.5 percentage points) while cash rose by 2.6 percentage points and alternative assets [...]
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: • [...]
Some years ago, my boss at a well-known fund manager told the investment team that marketing was BS and that good performance and process would attract all the fund flow that you need. You can imagine how that stuck in my throat. I will always contend that you might produce the best widget in the world but if you don’t market [...]
Credit Suisse has released its Annual Global Hedge Fund Investor Survey. Highlights 1. Responses came from close to 550 institutional investors, representing $1.03 trillion of hedge fund investments. 2. Long/Short Equity was identified as being the most sought after strategy in 2013. 3. Emerging Markets Equity was the second most favoured strategy. 4. Emerging Markets and [...]
