Precy Dumlao, Opalesque Asia:
Australia’s State Super Financial Services, one of the country’s leading financial planning companies with over 53,000 clients and more than $12bn in funds under management, has committed to invest at least $200m in hedge funds over the next six months.
According to IOandC the allocation is part of State Super’s new alternatives thrust. The investment will be divided across the fund’s diversified hedge fund portfolios, the report said.
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