Wed, Jul 26, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Asia Pacific Intelligence

A snapshot of the hedge fund industry in Oz from Preqin

Thursday, December 05, 2013

Industry researchers Preqin focussed on the Australian hedge fund industry in its latest report.

The firm found that Australia is the most important source of institutional capital for hedge funds in the Asia-Pacific region, with the country representing more than 30% of the entire regional hedge fund investor pool. This, the firm says, can mainly be attributed to the well-developed pension system in Australia, which is traditionally a mainstay of the institutional investor landscape.

Preqin's Hedge Fund Investor Profiles currently tracks over 110 institutional hedge fund investors based in Australia, and over 50% of these investors are superannuation schemes. Aside from superannuation schemes, Australia's sovereign wealth fund, Future Fund, features prominently as the largest investor in the country and one of the biggest investors in hedge funds in the Asia-Pacific region. "On top of a well-developed institutional investor landscape, Australia also plays host to a very active hedge fund industry" the report finds.

Preqin's Hedge Fund Analyst shows that nearly 18% of Asia-Pacific-based hedge fund managers are based in Australia, with the country behind only Hong Kong and Singapore. "The industry is dominated by long/short strategies; 38% of Australia-based funds use a core long/short equity strategy, while 8% utilize a long bias approach. This is far ahead of the next most common strategy, macro, which represents 21% of managers, including 11% with a managed futures/CTA strategy. Unsurprisingly, the majority of managers are based in Sydney, including the largest hedge fund manager in Australia, Platinum Asset Management.

 
This article was published in Opalesque's Asia Pacific Intelligence our monthly research update on alternative investments in the Asia-Pacific region.
Asia Pacific Intelligence
Asia Pacific Intelligence
Asia Pacific Intelligence
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. Despite current limits, robo-advisors will be preferred investment solution for retail, gain importance for affluent and high net worth[more]

    Matthias Knab, Opalesque: Flynt, a Swiss FinTech focusing on proprietary technology platform for private and institutional clients, has published a brief paper on "Investing in the world of robo-advice and passive instruments". As investors will become more reluctant to pay for investment advi

  2. Investing - Hedge fund CQS favors structured credit, Direct lending funds' fading all-weather appeal, Funds hunt for cracks in most-prized US shopping malls[more]

    Hedge fund CQS favors structured credit From BArrons.com: A hedge fund manager that can invest across the investment landscape says in his latest semi annual report this week that he's finding opportunities in structured credit -- particularly the shorter term, floating rate kind. Exampl

  3. Launches - Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle, Jersey players institutionalize first regulated crypto-currency hedge fund[more]

    Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle From Coindesk.com: The operators of a regulated, Jersey-based bitcoin hedge fund have officially closed a new $5 million fund aimed at investing in cryptocurrency tokens and initial coin offerings (ICOs). Backed by fun

  4. SWFs - China Wealth fund backs TPG lender as part of U.S. property push[more]

    From Bloomberg.com: China Investment Corp., the sovereign wealth fund that controls $814 billion in assets, is betting on U.S. real estate by investing in a commercial real estate lender formed by the money management firm TPG. In conjunction with last week's initial public offering of TPG RE Financ

  5. Seward & Kissel launches new compliance service[more]

    Bailey McCann, Opalesque New York: The law firm that formed the first hedge fund - Seward & Kissel - has launched a new compliance service for asset managers. Seward & Kissel Regulatory Compliance, or SKRC, offers full-scale regulatory compliance consulting solutions provided by the firm's attor