Hedge funds should see good fund flows in 2015, although macro and managed-futures strategies are likely to lag behind multi-strategy funds as preferred options for institutional investors, according to a report by eVestment. The report, (view here) says that, barring an unexpected global or financial event, global flows into hedge funds will be between US$90-110…
(Pictured: Patrick Liddy)Â Many super funds and other investors are foregoing incremental investment returns which can add up to hundreds of basis points due to either lack of diligence or awareness, according to Patrick Liddy. “There is money for nothing to be had if you are prepared to look,” he says. Liddy, the principal of…
(source: CISCO) By Greg Bright The two big drivers of the superannuation industry, along with many industries throughout the world, next year and beyond are rising consumer empowerment alongside increasingly rapid advances in technology. Business now is as much about the Democracy of Everything as it is about the Internet of Everything. Neither consumer empowerment…
(Pictured:Â Rob Keavney) Rob Keavney, a leading light in Australia’s financial planning industry for many years, has died after a long illness. An enthusiastic commentator and industry participant, the business Keavney and his wife Glenese started, which became Centric Wealth, is now one of the largest of its type. After running their own practice, Investor Security…
(Pictured:Â Whitney Drayton) Artisan Partners, a US-based global manager, will open an Australian office next month. It has employed its former third-party marketer in Australia and New Zealand, Whitney Drayton, as a full-time executive to run the office in Sydney. Drayton brought Artisan to Australia in 2011 and has represented them since through his company Grey…
(Pictured:Â Justin Burman) Australian alternative managers who market their capabilities in Europe, such as infrastructure, private equity and real estate specialists, need to comply with the Alternative Investment Fund Managers Directive (AIFMD). A number are yet to do so, according to BNP Paribas. BNP Paribas Securities Services has developed a guide for managers with the latest…
(Pictured:Â George Walker) Senior staff at Neuberger Berman, the New York-based global manager, have completed their full acquisition of the firm – a process which commenced in 2011 after the Lehman Bros ‘estate’ agreed to sell its 48 per cent holding. Neuberger has shown the benefits of staff control since it emerged, in 2009, from the…
This is our last investment outlook report focusing on 2015 – we promise. It’s from Morningstar, which should be – at least in theory – dispassionate about its views. In a nutshell: Australian shares present a challenge for investors next year. Morningstar’s annual outlook for the Australian share market says that the decline in prices…
(Pictured:Â Rob Holroyd) Rob Holroyd, a prominent hedge fund manager who launched his commodities strategies business in Australia in the late 1990s, has died suddenly after returning home to New Zealand for Christmas from his recent base in Zug, Switzerland. His firm, Commodity Strategies AG, was one of the casualties of the van Eyk Blueprint blow-up….
(Pictured:Â Gordon Orr) Investors struggling to come to grips with their exposure to China – whether to double up or down after the recent sharemarket jump – will find the decision even more difficult next year. McKinsey & Co’s veteran China watcher, Gordon Orr, presents his predictions. Orr, a director of McKinsey’s Shanghai office, says in…
