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In the week-ending 20 September, 2013, Select Asset Management confirmed that alternative investments are increasingly popular with Australia's sophisticated retail investors and advisers; the Bennelong Kardinia Capital Absolute Return fund lowered its initial investment amount and started offering daily liquidity to attract retail investors; Future Fund’s former manager Thomas Good said that “perfect storm” had created the conditions for investing in hedge funds in Australia and that retail investors should get in on the action. Furthermore in Australia, the 2013 Australian Investment Managers Directory revealed that Australia’s 2,009 hedge fund assets had reached $279bn; and State Super Financial Services of Australia committed to invest at least $200m in hedge funds over the next six months.

Former Fundana analyst Bruno Guillemin will launch his own tail risk hedge fund in January; former BrunnerInvest analyst Bruno Schneller said he would launch a fund of long/short equity hedge funds next spring; Morgan Creek Capital launched its first ......................

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