Sat, Aug 27, 2016
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. Strategies - The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I, Hedge funds get more pushback on terms as enthusiasm for strategy wanes[more]

    The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I From IBTImes.co.uk: To illustrate a strategic gap common to today's portfolio managers, George Sokoloff, PhD, founder and CIO at Carmot Capital, proposes an interesting thought experiment – a breakdown of

  2. Institutional investors - Investors set to increase allocation to private debt, With investment income key, Richmond retirement system faces funding challenges[more]

    Investors set to increase allocation to private debt Investors are set to increase their allocation to private debt, with 60% revealing they believe the private debt market will grow over the next 12 months, according to a new study by Elian, a leading funds services provider. 41%

  3. Investing - Hedge funds snap up banks, unload Apple, Some of hedge funds' favorite stocks are finally starting to beat the market, Einhorn's Greenlight shifts positions, Treasury yield climbs to two-month high as Fischer joins hawks, 9 stocks smart investors put their money in last quarter[more]

    Hedge funds snap up banks, unload Apple From Barrons.com: Prominent hedge funds have a newfound love of big banks, and some have a distaste for shares of Apple, regulatory filings released last week show. The filings suggest that the funds have been pivoting their portfolios in recent mon

  4. Chesapeake energy seeks $1 billion loan to refinance debt[more]

    From Bloomberg.com: Chesapeake Energy Corp. is seeking a $1 billion loan as the company battered by cratering fuel prices and credit downgrades takes a step to address its $9 billion debt load. The natural gas producer hired Goldman Sachs Group Inc., Citigroup Inc. and Mitsubishi UFJ Financial Group

  5. Institutions - Nordic pension funds magnify focus on unlisted and direct investing, building up teams[more]

    From IPE.com: As bond yields remain at low or negative levels, pension funds and other institutional investors in the Nordic region are stepping up efforts to find higher returns by adding more unlisted investments to portfolios and are expanding in-house teams in order to do this, according to new