Funds Management

The world’s second-largest economy can still expect mid-single digit growth for years to come, says APS Asset Management, but the value on offer is the best it’s seen in decades.

Just like the Future Fund, the recipient of its first active equity mandate since 2017 thinks markets are going to look pretty different over the next decade. And asset management businesses themselves are going to have to do things differently to keep up.

Multifamily housing is a “darling asset class” even in a recessionary environment according to Kayne Anderson, and a great way for big institutional investors to achieve impact investment goals.

Systematic fixed income manager BlueCove is looking to build out its local presence and provide an alternative to fundamental investing as macro trends put the asset class back “en vogue”.

China still offers a compelling long-term investment story for investors willing to look past short-term headwinds in property and politics, according to Ninety One.

The locally-listed international fundie has “massively ramped up its tech exposure” since it dropped almost all of it in 2021 in favour of big wagers on energy stocks. It’s just not all the tech that it liked before.

An offshore manager took the top gong at Hedge Funds Rock but the big win in 2023 was for an industry on the verge of “tremendous growth” – and the changing dynamics within it.

Australia’s onshore private credit market is still nascent but that’s one of its biggest strengths, according to Epsilon Direct Lending. And while some investors are fretting a new default cycle, it’s not the end of the world.

The Alternative Future Foundation wants to expand beyond its tentpole charity event and create a better-informed knowledge base about alternative managers amidst changing industry dynamics.

Size, internalisation and globalisation are now front of mind for every large fund in Australia – but every fund approaches them differently, and there’s little agreement on the benefits of the new offshore push.

Brandywine Global is conservatively positioned as it eyes volatile conditions and surging demand for fixed income solutions following a massive macro-economic reversal.

The supposed benchmark-beating powers of ESG have more to do with investors’ exposure to well-known factors rather than any sustainable secret sauce, according to quant house Scientific Beta.