Higher allocations to alternatives and lower Australian equities exposure are the key explanations for better performance by not-for-profit superfunds vs retail funds, according to research by SelectingSuper (part of the Rainmaker Group) SelectingSuper’s performance index for not-for-profit funds shows 10 year returns of 5.2 percent pa compared to retail funds with 3.3 percent pa. Not-for-profit [...]
Australia’s $73.1 billion Future Fund has disclosed its asset allocation as at 30 September 2011. The main changes since the June quarter are a 3.2 percentage point jump in alternative assets to 21.6 percent of its portfolio (its largest asset class) and a 2 percent rise in cash. (It should be noted that the Future [...]
Pyramis Global Advisors (a $176 billion unit of Fidelity Investments) has released its 2011 Pyramis Asian Pulse Poll – a survey of 95 institutional investors in Japan, South Korea, Taiwan, Hong Kong, Singapore and China. Highlights; The top two changes that Asia ex-Japan institutions are likely to make to their investment mix are a greater [...]
ING Investment Management has closed its ING Alpha Plus Australian Share Fund and ING Extended Alpha Australian Share Fund, and will return monies to investors. The development follows the formal takeover by UBS Global Asset Management of ING IM on October 4, 2011. The combined business has around $48 billion AUM. *** US based Enhanced [...]
The Australian has written a profile on Mathews Capital. Highlights… The Sydney firm has 10 full-time staff, more than $1.5 billion AUM, and a pool of investors that includes HNWIs, private companies, trusts, superannuation funds, selected institutional clients and employees own capital The firm’s Velocity Fund has returned 463 percent from inception in July 2006 [...]
Everywhere that you go these days, people tell you what is happening with Italian Bonds, the Euro breakup, China’s growth and Global Financial Crisis Mark II. Having grown up in the financial markets over nearly thirty years, I have never met so many experts. Taxi drivers, waiters, my swimming buddies all seem to know more [...]
It’s so exciting, Chrissie gadgets!!!! So let’s have a look at a few items for yourself, the kids, wife or girlfriend? In fact, I’ll start on some non Apple items. Sonos Play: 3 I’ve been following Sonos for some years. I was never 100% sure how I would fit their products into my stereo system. [...]
China’s hedge-fund sector has recorded an average return of minus 11.36 percent year to date, according to Shanghai-based data provider Suntime Corporation cited by Asian Investor. The poor performance has resulted in investors redeeming monies and slower new fund raisings. In China, ‘hedge funds’ are privately managed funds that are ‘basically long-only equity funds run [...]
The next Australian Hedge Fund Operations Forum will be held on 25th November. Guest speaker is Damien Hatfield from TripleA Partners Australia discussing “Hedge Fund Marketing – Art or Science?” For venue details and to register for the lunchtime event, please go to www.opsforum.com.au *** Ernst & Young’s 2011 Global Hedge Fund Symposium is to [...]
Zenith Investment Partners has promoted Christopher Huang to its alternatives team as an investment analyst covering hedge funds. He was previously a data analyst at the firm. *** Jonathan Ayres has been appointed the first head of the new Bank of Melbourne Private. He was previously a senior investment specialist with nabInvest and spent more [...]
