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

Australian Fund Monitors provides insight into the Australian hedge fund landscape

Tuesday, July 16, 2013

Bailey McCann, Opalesque New York:

Australian Fund Monitors was founded in 2006 and serves as an on-the-ground information service for offshore investors in Australia. "The big challenge for Australian fund managers and for investors tends to be the distance between Australia and the rest of the world, 24 hours to Europe and 24 hours to New York. Even Singapore and Hong Kong are 8 and 10 hours respectively," explains Chris Gosselin, Founder of Australian Fund Monitors in a recent Opalesque TV interview.

In all, the firm looks at approximately 320 funds from nearly 100 managers, the vast majority of which are local to the country. Australian Fund Monitors looks at funds across strategies and asset sizes in order to provide a more complete picture of the funds landscape in Australia.

"I think the one thing that really typifies the Australian scene is we’ve got a highly educated financial services sector and a very well regulated financial services sector," he says.

Interest in the country has been growing since the crisis. Fund terms in Australia are more favorable to investors and the managers were able to avoid some of the troubling exposures funds in other parts of the world had during the crisis.

"The whole industry is very much geared to monthly redemptions at the outside and a lot of funds, especially for local investors and retail investors have daily redemp......................

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. Cliff Asness attracts $360 million as liquid alternative funds hold up[more]

    From Bloomberg.com: As U.S. stocks suffered their worst month in more than three years in August, Clifford Asness’s managed futures fund was able to profit. Investors are taking notice. The $9.12 billion AQR Managed Futures Strategy Fund pulled in an estimated $360 million in net subscriptions last

  2. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  3. Performance - Einhorn and Loeb's hedge funds both decline 5% in August, Some target-date funds miss in the market turmoil[more]

    Einhorn and Loeb's hedge funds both decline 5% in August From Reuters.com: Hedge fund billionaires David Einhorn and Daniel Loeb saw their main funds lose roughly 5 percent in August during a dramatic market sell off, two people familiar with their returns said on Monday. Einhorn's

  4. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  5. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

 

banner