Sun, Oct 26, 2014
A A A
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

Banner

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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t