Mon, Oct 20, 2014
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

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. Opalesque Roundtable: Where are all the good ESG hedge funds?[more]

    Benedicte Gravrand, Opalesque Geneva: What are the benefits of sustainable investing? Many pension funds look to focus on that angle to reflect their company’s good governance, but face many challenges while doing that. A portfolio manager at Univest, a large Dutch pension fund, discusses this is

  2. Bill Gross gives his first investment outlook for Janus fund[more]

    Bill Gross strikes a gloomy tone in his first note to investors at his new gig at Janus Capital. Bill Gross, the renowned bond fund manger, struck a pessimistic chord in his first note to investors at his new gig at Janus Capital. His notes, usually full of silly commentary and upbeat advice, took a

  3. Investing - Big investors move to shore up Fannie, Freddie trade, Two hedge funds eye $1bn support to Sahara to secure Subrata Roy's release[more]

    Big investors move to shore up Fannie, Freddie trade From Forbes.com: Two of the nation’s most prominent investors who have been leading the charge to make a big score out of the shares of Fannie Mae and Freddie Mac moved on Friday to shore up shares of the mortgage giants that plunged r

  4. Opalesque Exclusive: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  5. Swiss insurance investment manager opens office in insurance traders' Mecca; London[more]

    Benedicte Gravrand, Opalesque Geneva: Twelve Capital, a swiss manager focused on insurance related investments, was authorised by the UK's Financial Conduct Authority (FCA) as a MiFID investment firm on October 1st and opened its new London office. "In an effort to enhance its investment