Top 100 Alternatives Managers Top $3 Trillion

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, [...]

‘Hot Desking’ In Hedge Funds Management?

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” [...]

Australian Hedge Newsletter – August 2013 Issue

The August 2013 issue of the “Australian Hedge Newsletter” is now available with the latest news plus comments and insights into the hedge funds industry in Australia and around the world. The latest issue includes a feature on “Hot Desking In Funds Management?”… ….PLUS all the regular features and hedge funds news… …“Damo’s Gadget Corner”… …the [...]

Definition Of ‘Hedge Fund’ Under Review In Australia

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 Reduces Allocation To Alternative Investments

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 [...]

Australian Hedge And Boutique Funds Directory Second Edition

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: •      [...]

Hedge Funds Marketing: A Misunderstood Process

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 [...]

Australian Hedge Newsletter – June 2013 Issue

The June 2013 issue of the “Australian Hedge Newsletter” is now available with the latest news plus comments and insights into the hedge funds industry in Australia and around the world. The latest issue contains all the regular features and hedge funds news… …“Damo’s Gadget Corner”… …the latest Bijak’s Macroeconomic Digest… …and local hedge funds performance figures. [...]

Credit Suisse Global Hedge Funds Investor Survey

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 [...]

Still A Few Bears Out There…

Iʼm naturally bearish which is weird because Iʼm a naturally  positive  individual.  Instead  of glass half empty, I like to be glass full to the brim! However, being  around  financial  markets  for a reasonable period tends to make you a natural bear. A lot of that stems  back to me being, for many years, a [...]