•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

Opalesque Exclusive: Hatfield Liptak Advisors says Australian hedge fund asset inflows remained steady in 2008 at A$90bn (US$58.9bn) From Komfie Manalo, Opalesque Asia:

Australian-based advisory group Hatfield Liptak Advisors (HLA) released yesterday (12-March-09) the latest issue of its monthly ‘Australian Hedge Newsletter’, which provided a positive outlook into Australia’s hedge fund industry.

Australian hedge fund market Daniel Liptak, one of HLA’s partners, reviewed the Australian hedge fund industry and found that the total assets raised from investors last year was very similar to the total raised in 2007, at about A$90bn (US$58.9bn).

Liptak said that the fact that hedge funds assets had remained steady in 2008 was clearly at odds with assertions that hedge funds had been decimated.

Liptak’s figure indeed differ from those provided by Australia Fund Monitor, which puts the region’s hedge fund industry assets at A$65bn (US$42bn) as of end-2008 (Opalesque: 03-Mar-09).

Aurora reveals 12% of its assets comes from Australia Roxanne Martino, president of Chicago-based Aurora Investment Management or AIM (formerly Harris Alternatives), revealed that 12% of its US$10.1bn in funds under management comes from Australian investors. AIM offers a variety of FoHFs investment products and manages both multi-strategy and strategy-specific fund of funds.

HLA noted tha......................

To view our full article Click here