So what is happening in down under’s hedge fund industry? According to Triple A Partners’ latest newsletter, Australian Hedge, authored by Damien Hatfield, quite a lot. Here are a few titbits:
The 2nd edition of the Australian Hedge & Boutique Fund Directory is now being developed and fund managers are invited to have their details listed at no cost.
The Future Fund lowered its alternatives allocation from 16.3% to 15.3%, according to its March quarterly fund update.
ASIC, the Australian regulator has received industry submissions seeking to refine the definition of 'hedge fund.’ Indeed, the current definition may affect some funds that do not have the same risks to investors as 'true’ hedge funds.
Eighteen CEOs/CIOs of large superfunds were interviewed for a ......................