Wed, Jul 8, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

MLC Appoints DGAM as hedge fund advisor

Monday, October 15, 2012
Opalesque Industry Update: MLC, the wealth management division of the National Australia Bank, has appointed Diversified Global Asset Management Corporation, a leading institutional alternative investment manager and advisor, as its hedge fund advisor.

MLC conducted a global search for a partner to expand its coverage of alternative investment managers and strategies. MLC expects to grow its hedge fund assets from A$500 million to over A$1 billion over the next 12-18 months.

Gareth Abley, Head of Alternative Strategies at MLC said: “We selected DGAM based on their combination of investment, advisory and risk management knowledge and experience. We are confident that DGAMs expertise will help us build on MLC’s strong track record in this space and enable us to deliver the complementary net return stream that will enhance our client’s diversified portfolios.”

“We are excited to partner with MLC to broaden its investment capabilities, and believe our shared ethos will produce a successful outcome for MLC” said Warren Wright, Chief Investment Officer and co-founder of DGAM.

This partnership with MLC expands the advisory work that DGAM currently carries out on behalf of some of the largest and most sophisticated institutional investors around the world. DGAM’s advisory business applies the firm’s considerable experience investing on behalf of global institutional investors. This growing segment of DGAM’s business is a natural complement to its hedge fund portfolios, which have generated market leading risk adjusted returns.

“We look forward to expanding our advisory offering to a select group of institutional investors globally” said Graham Thouret, President and co-founder of DGAM.

DGAM

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Secondaries take center stage: What the 2026 PE landscape means for GPs and investors[more]

    Matthias Knab, Opalesque for New Managers: The 2026 edition of Dechert's Global Private Equity Outlook - "Signs of a Gradual Thaw" - marks a notable shift in industry sentiment. After years of compr

  3. And, finally: Time to share it with the people[more]

    From Newsoftheweird: Leavenworth, Washington, has become a tourist destination because of the Bavarian theme businesses have adopted there, NPR reported. One shop, the Leavenworth Nutcracker Museum, houses the world's largest nutcracker collection, thanks to 101-year-old Arlene Wagner. Wagner sta

  4. Opalesque Exclusive: Private Markets Evergreen Funds - An Insider's View[more]

    Matthias Knab, Opalesque for New Managers: Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In The democratization of private markets is well underway. Structural barriers t

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m