Macquarie enters retail Hedge Fund business

AUSTRALIA, (HedgeCo.Net) – The Australian based Macquarie Equity Markets, has entered into the retail hedge fund management arena with the launching of Equinox 4 Series. According to statementsreleased by the firm, Equinox 4, an alternative asset management vehicle will offer investors absolute returns in addition to capital security.

The launching of the new product was necessitated by the growing demand in Australia for retail hedge fund products, according to Mark Tisdell the Associate Director for Macquarie Equity Markets. The new fund according to released information, �offers exposure to six investment managers who represent two main investment strategies. The investment strategies include a group of three diversified funds of international hedge funds and a group of three tactical traders�.

Tisdell said, �The expertise of the global hedge fund managers we have chosen are generally not available to the retail investing market and Equinox 4 gives Australian investors an opportunity to access this level of skill and experience�.

According to company statements, the group�s funds under management grew 13 per cent from $27.1 billion to $30.7 billion. In Australia, funds growth was achieved despite the overall size of the funds management industry decreasing. Macquarie is one of the leaders in unlisted funds invested in cash, fixed interest, currency and listed property. Internationally, the Group continued to expand, offering enhanced equities funds to institutional investors in the UK and Hong Kong.

Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: Editor@hedgeco.net

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