A buddy of mine sent me an article from Hedge Fund Alert, one of the excellent net publications in the industry. The article talks about struggling seeders. In a way, I think there is a basic issue. Most investors these days are nervous. That’s why I have positioned my Triple A business to raise money [...]
The Australian-sourced investment management market rose 1.9 percent to $1.37 trillion in the December 2011 quarter, according to Financial Standard citing data from its sister company Rainmaker. The five fastest growing asset classes over the 12 months were private equity (up 28 percent), Infrastructure (up 18 percent), hedge funds (up 17 percent), Australian fixed (up [...]
Lowenhaupt Global Advisors Australia (LGAA) has appointed Juliet Dunworth (ex-Credit Suisse Private Bank) as an Executive Director. She reports to Sean Cortis, CEO, LGAA. The firm provides family office services to the ultra high-net-worth sector, and is part of St Louis US-based Lowenhaupt Global Advisors. ***** Rob Sullivan has been appointed global head of institutional [...]
Skandia Investment Group (SIG) UK has awarded investment mandates to two Sydney-based boutique fund managers. Five Oceans Asset Management has been selected to run SIG’s US$350 million global equity fund, while MIR Investment Management has been appointed a sub-advisor to SIG’s US$363 million Greater China Equity Fund. Five Oceans is a long-biased, high conviction global [...]
The Australian newspaper also profiled several family office advisors regarding their clients’ growing interest in hedge funds. Executives quoted included; Thomas Murphy, managing partner of Family Office Research and Management who favours long/short funds. (30 and 40 wealthy families as clients). James Burkitt, CEO of a networking group, The Table Club, (which includes the top [...]
The Australian media’s recent love affair with hedge funds is continuing. The latest positive reports include; The Australian profiled Kardinia Capital, the underlying manager for the Bennelong Kardinia Absolute Return Fund, a long-short Australian equity fund. The $20 million wholesale fund is led by Mark Burgess and Kristiaan Rehder, and is supported by Bennelong Funds [...]
HSBC Insurance is considering investments in currencies and physical commodities, according to the firm’s Hong Kong-based Group CIO James Hughes, speaking to AsianInvestor. The $75 billion firm already has hedge fund investments but is mulling other alternative and ‘return seeking/growth’ asset classes. ***** Wilson HTM Investment Group has received insufficiently attractive bids for its 79.3 [...]
The forum to show your best work to 7,000 professionals around the World* The ECB and IMF stabilized the Eurozone banking system for the time being following a compromise in Greece. In response, investors switched back to a “risk-on” mind set and markets rebounded strongly in the early months of 2012. The focus now shifts [...]
…and Apple TV version 3. So Apple has released the new iPad, having dropped the numbering. Everyone expected iPad 3 but it is just “iPad”. And I guess you know what I am going to say, JUST BUY IT! Just so that I am not misleading anyone, that’s me with the first iPad. I keep [...]
