Sat, Apr 29, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Rainwater and Blue Sky - an Australian water fund emerges

Wednesday, April 23, 2014

Bailey McCann, Opalesque New York:

Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Several years ago, the Aussie government realized that given the scarcity of water on the continent, concrete steps would have to be taken to manage how that resource is used. Officials created a fully regulated, transparent system in which local residents and farms alike have their water titled separately from the land it is on. This enables tight resource monitoring and also created an instant competitive market for people to buy and sell excess reserves.

Blue Sky Water Fund is a player in that market, and facilitates some of those transactions and trades. The fund itself hits an interesting nexus point between a real assets play, a commodities play, and a hedge. "This is truly an uncorrelated investment, it is uncorrelated to everything except the weather," says Debra Goundrey, Managing Director, Blue Sky Alternatives in an interview with Opalesque.

Blue Sky focuses on opportunities in the Murray-Darling Basin. Water in the basin accounts for nearly 40% of Australia's agricultural output, making it an active commodities and water market. The entitlements system also makes it a transparent one. In addition to rainwater, several rivers flow into the basin, and local farm......................

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. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  3. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V

  4. Gondor Capital sees challenges ahead for financial markets as two hedge funds post strong gains in Q1[more]

    Komfie Manalo, Opalesque Asia: Vincent Au, portfolio manager of New York-based hedge fund firm Gondor Capital Management believes that the remaining of the year would be challenging for the financial markets even as his two hedge funds maintain

  5. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob