Tue, Sep 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Australian hedge fund industry is teeming with opportunities

Tuesday, June 25, 2013

amb
John Corr
From Komfie Manalo, Opalesque Asia:

Hedge fund managers who attended the latest Opalesque 2013 Australia Roundtable (sponsored by Eurex and Australian Fund Monitors) agreed that the Australian hedge fund industry is teeming with opportunities across several strategies. They discussed event driven and activist opportunities further, as well as current opportunities (also for retail investors) coming from domestic banks and lower interest rates.

John Corr of Aurora Funds Management Group and manager of the Aurora Fortitude Absolute Return Fund, when discussing recent developments in the Australian hedge fund industry, said listed hybrids issued by Australian domestic banks have very attractive buyer terms which retail investors are selling in the short term to fund some new issues that are less attractive. "So we believe we are in a good spot, we are seeing inflows and we are excited about higher returns," he said.

He added, "One important development and good piece of news is that the industry continues to see retail inflows. What also helped the industry build FUM is the fact that Australian interest rates have come down. The Australian commercial banks have basically re-capitalized, and they......................

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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  3. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  4. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius