Category: Hedge FundsZenith Investment Partners has released its equity market neutral report. Five hedge funds were selected to Zenith’s approved list. The five were funds offered by Aurora, Bennelong, BlackRock, Pengana, and Regal. Another twelve market neutral hedge funds were researched but were not rated by Zenith. *** UK pension funds nearly doubled their allocations to hedge [...]
The Australian government has announced it will implement the third and final element of an investment manager regime (IMR), which was a key recommendation of the Johnson Report. The implementation means income, gains or losses, which have an Australian source, from portfolio interests or financial arrangements of a foreign managed fund, will be excluded from [...]
Global Macro Investors From Asia Australia’s Aon Master Trust is planning to invest $20 million in macro hedge funds. The super fund currently has no hedge fund holdings, but has invested in the past. It will invest in both direct and funds of hedge funds in North America andAustralia. Shin Kong Life Insurance (Taiwan) is [...]
When I was a Futures Broker, clients would call me and ask what I thought the market was going to do? My first thought was that I had stupid clients. Why would you ask your broker? You are supposed to be the smart Institutional Investment intellect. Anyway, I developed a technique of putting it back to them. What do you think? [...]
van Eyk Researchʼs latest annual strategic asset allocation (SAA) review features a 20 percent allocation to alternatives and hedge funds – making it the second largest asset class in its model portfolio. The SAA model includes… Australian Equities – 28% Alternatives – 20% Fixed Interest – 18% Global Equities – 17% Listed Property And Infrastructure [...]
As I get around seeing investors, the same message keep coming back. Risk off and sitting in cash. Family Offices are going 40-50% to cash and there is a quietly quietly round of fund redemptions going on. The risk adverseness is due to a couple of things. Term Deposits are still short dated but showing [...]
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 [...]
S&P Fund Services, Lonsec, and van Eyk have all taken positive views on alternatives. S&P’s Alternative Equities Sector Review noted that ‘alternative equity strategies are proving they have a place in a diversified portfolio, as absolute return, alternative income, and market-neutral strategies continue to outperform relative long-only strategies in uncertain and volatile markets.’ It also [...]
Greg Medcraft, Chairman, Australian Securities and Investments Commission, was the keynote speaker at AIMA Australia’s 2011 hedge funds conference. Key messages were: ASIC recognises that while hedge fund investors have concerns, managers also have concerns. If Australia’s financial system is to enjoy the many benefits hedge funds bring in terms of price discovery, liquidity, innovation [...]
IFA Magazine has a cover story on hedge funds in its August issue. The ‘Hedge Funds: Nothing to forgive’ article told its readership (predominantly financial planners) that; Poor hedge funds performance in 2008 reflected a liquidity trap and ensuing consequences on leveraged strategies, and not, (according to managers interviewed), on the decisions necessarily of the [...]
