Wed, Sep 17, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Self-managed super funds promise growth for Aussie hedge funds but local investors still reliant on consultants, which makes capital raising challenging

Wednesday, March 24, 2010

From Sagar Chakraverty, Opalesque Asia:

"If we contrast Australia to overseas, we are an immature industry. There are very few funds here with 10 years of track record. There are very few organizations with the robustness and stability to prove they can do something through time, when the markets fail," Adrian Redlich, CIO of Merricks Capital, an alternative funds manager based in Melbourne, said in the Opalesque Australia Roundtable 2010 sponsored by Sydney-based hedge fund consultancy Australian Fund Monitors.

Nevertheless, the domestic Australian hedge fund industry protected investors during the 2008 crisis, losing only 17.74% compared to a 40% drop in the Australian Securities Exchange (ASX). Out of 200 plus managers in this market, 50 managers returned positive performance and across the entire Australian hedge fund industry, 90% of managers outperformed the ASX200.

For those investors that did request to redeem funds during the financial crisis, Australian fund managers were also well prepared to meet liquidity needs, and Chris Gosselin, CEO of Australian Fund Monitors pointed out, "Australian managers, with the exception of fund of funds, had an excellent track record when it came to meeting the redemption flood of 2008 and early 2009."

The $1.1tln domestic investments target Se......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Big hedge funds show interest in Alibaba, Maglan joins other hedge funds in rush to Argentinian assets[more]

    Big hedge funds show interest in Alibaba From Hereisthecity.com: …Three other major hedge fund investors who have shown interest in the IPO are Dan Loeb of Third Point, David Tepper of Appaloosa Management and Dan Benton of Andor Capital Management. All three were among the roughly 800 p

  2. Investors looking at other sources for hedge fund-like returns[more]

    Komfie Manalo, Opalesque Asia: Investors who are always on the lookout for higher gains are looking at alternative sources of income, particularly exchange-traded fund industry that generates hedge fund-like returns, according to

  3. Investors move capital out of Scotland ahead of referendum[more]

    Benedicte Gravrand, Opalesque Geneva: Ahead of Scotland’s independence referendum on September 18, asset managers, investors and pension savers are moving billions of pounds out of the country,

  4. Indices - Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD), Eurekahedge Hedge Fund Index rebounds in August gaining 1.36% (4.22%), Lyxor Hedge Fund Index was up 0.9% in August (YTD +1.7%)[more]

    Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD) The Greenwich Global Hedge Fund Index ended the month of August up +1.57%. Equity markets were up in August with the MSCI World Index up +2.00%. This was primarily driven by the performance of the S&P 500 which was up +4.

  5. Alpha Strategic buys stake in Premium Point Investments[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Alpha Strategic plc, a affiliate of