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Showing 361 - 370 of 1327 results for "Hedge Fund"

Hedge fund takes over Slater and Gordon

ALEX BURKE  |  MONDAY, 4 SEP 2017
Hot on the heels of reporting a $546 million loss for the 2017 financial year, listed law firm Slater and Gordon is set to be taken over by a consortium of hedge funds. The consortium, led by Anchorage Capital, have committed to lending a further $50 ...

MainstreamBPO given green light for offshore acquisition

ALEX BURKE  |  MONDAY, 4 SEP 2017
... transaction, MainstreamBPO acquired Fundaministration Inc in New York, Galileo Fund Services in the UK and the former European hedge fund business of Alter Domus. The group also boosted net profit by 38% to $1.4 million and declared a fully franked final ...

A hedge fund by any other name

ALEX BURKE  |  FRIDAY, 1 SEP 2017
Australia's hedge fund universe is larger than many investors realise, even if some managers don't label themselves that way - but according to Alternative Investment Management Association general manager Australia Michael Gallagher, if it looks like ...

Contribution caps cause SMSF cash surge

ALEX BURKE  |  THURSDAY, 17 AUG 2017
Reduced contribution limits caused a significant upswing in self-managed superannuation fund cash allocations in the 2017 financial year, according to SuperConcepts research. As at June 30, the average SMSF comprised 19.8% cash (up from 18%), 12% fixed ...

Aussie hedge fund seeking $300m for retail IPO

ALEX BURKE  |  THURSDAY, 20 JUL 2017
A $1.1 billion Australian hedge fund manager with offices in Sydney and New York is looking to diversify its investor base with the launch of a listed investment company. VGI Partners is looking to raise $300 million, with a possible further $100 million ...

New super product for investment savvy

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2017
A managed accounts provider is entering the realm of superannuation products, providing financial advice clients with an alternative to traditional super vehicles. WealthO2, the fintech behind MA Operator and MDA Operator, has launched a range of software ...

Macquarie leads alternatives pack

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2017
... commodities (1%). Illiquid credit experienced the strongest growth with AUM doubling to US$360 billion. Conversely, direct hedge fund assets dropped 12% to $675 billion year-on-year. Willis Towers Watson senior investment consultant Nick Kelly said ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
... Just as rational when the A$ was predicted to head higher. In May 2011, a global currency expert from a British-based hedge fund predicted that the A$ "will reach $US1.30 by 2013 - and $US1.70 by 2014, as the greenback relinquishes its 'exorbitant privilege' ...

Quant not active management blasphemy: Robeco BP

ALEX BURKE  |  TUESDAY, 6 JUN 2017
... developed over 25 years," he said. "In my past life I worked at Tudor Investments, which is a pretty-well known US hedge fund. If you'd told us about quant back then, we would've said, 'What do you mean? Quant stuff is for the geeks!'" Now, though, Farren ...

Global asset management fees continue to fall

EMMA RAPAPORT  |  THURSDAY, 1 JUN 2017
Funds management fees have fallen globally across several asset classes amid rising competition from cheaper products and greater scrutiny by investors looking to cut costs. The latest bfinance report examines the fees of more than 160 money managers ...