Tue, Mar 3, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Australian hedge fund news: Bennelong expands, ASIC cooperates with EU, Thorney seeks Wentworth, Liptak heads new advisory firm

Friday, September 06, 2013

amb
Damien Hatfield
Benedicte Gravrand, Opalesque Geneva:

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 Bennelong Group, a Melbourne-based privately owned funds management and private equity business founded by Jeff Chapman and the Chapman family in 2000, and owner of Bennelong Funds Management, is expanding. The group took controlling interest in wealth manager Carnbrea & Co, also based in Melbourne, and will create a wealth management advisory business unit, which will be headed by Fiona Rowland. Meanwhile, Australian Hedge adds, Bennelong Funds Management reached $5 billion in AUM.

• The Australian Securities and Investments Commission (ASIC) and 29 European Union (EU) securities regulators agreed to cooperate to support Australian alternative investment fund managers operating in the EU.

• Thorney Investment Group Australia Pty. Ltd., a principal investment firm specializing in investments in emerging companies and based in Melbourne, proposed Wentworth Holdings Limited, an ASX-listed investment company, to recapitalise and convert it into an absolute return-focused investment firm. If they agree, Wentworth would undertake capital raising and ap......................

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. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  2. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  3. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  4. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his

  5. Dymon Asia's $3bn macro hedge fund lost 10.45% in January[more]

    From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc. Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie