Sun, Oct 4, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Australia’s Future Fund ups hedge fund allocation to 16% (A$11.8bn) of its assets

Thursday, June 16, 2011

Benedicte Gravrand, Opalesque Geneva:

The Australian government's superannuation Future Fund expanded its hedge funds portfolio further. According to its March 2011 quarterly update, the Fund had A$11.8bn (US$12.6bn) or around 16.3% of its assets placed in alternative funds – which it defines as ʻskill based absolute return strategies and other risk premia providing diversity of return streams.ʼ

Triple A Partners Australia’s May 2011 newsletter said this was spread among 17 offshore managers who have received mandates averaging A$700m (US$746m) each:

1. Astenbeck Capital Management* 2. BlackRock Alternative Advisors 3. Blenheim Capital Management* 4. BlueCrest Capital Management LLP* 5. Brevan Howard Asset Management 6. Bridgewater Associates 7. Canyon Capital Advisors 8. Centerbridge Partners LP 9. Ionic Capital Management* 10. King Street Capital 11. Louis Dreyfus Investment Group* 12. Makena Capital Management 13. Oaktree Capital Management 14. Och-Ziff Management 15. Pacific Alliance Investment Management Limited* 16. Sankaty Advisors 17. Winton Capital Management*

* these managers were appointed after June 2010.

According to the Fund’s website, it managed A$74.62bn as of 31st ......................

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. Performance - Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September, Risky strategy sinks small hedge fund[more]

    Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September From Billionaire stock pickers David Einhorn, Daniel Loeb and Barry Rosenstein on Wednesday told their wealthy investors they lost money in September as market turmoil inflicted more pain on some of America'

  2. Opalesque Exclusive: IRAs represent billions of untapped capital for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Retirement accounts might not be the first source that comes to mind for those looking to raise funds, but they may represent billions of untapped capital. Unlike traditional retirement accounts,

  3. Opalesque TV: One way to access market hedge funds in the EU under the AIFMD radar[more]

    Benedicte Gravrand, Opalesque Geneva: While the Cayman Islands, the US and Hong Kong await the pan-European marketing passport to be extended to alternative investment fund

  4. Vilas’ equity long bias hedge fund generates market-beating results[more]

    Komfie Manalo, Opalesque Asia: The Vilas Fund, an equity long bias fund managed by Chicago, Illinois-based Vilas Capital Management, posted five-year annualized returns, net of fees, of 23.47% vs. 15.87% for the S&P 500 Index, including divid

  5. Performance - Manager admits spin used to hide poor performance, Fortress macro hedge fund slumps 17.2% amid manager shakeup, In the hedge fund world, bigger is still better[more]

    Manager admits spin used to hide poor performance From … Colin McLean, managing director of SVM Asset Management, told FTAdviser that fund managers underperform all the time, so stories are often needed to mask or explain this. “People need to build a good framework