Tag Archives: sydney
Ex-DKR Oasis Analyst Eechaute Plans Japan-Focused Hedge Fund
Bloomberg – Frederic Eechaute, a former senior analyst at DKR Oasis Management Co. LP, will start a Japan- focused equity hedge fund that trades stocks using its own analyst database. Eechaute, who will split his time between Tokyo and Sydney, […]
Ex-Pimco Palghat to Double Assets in Fixed-Interest Hedge Fund
Bloomberg – Kapstream Capital, Australia’s biggest fixed-income hedge fund, will almost double assets under management in the next month as pension funds seek returns in all market conditions. The Sydney-based firm has secured investments that will take funds it oversees […]
Platypus Capital Closes Hedge Funds in ‘Post-Madoff World’
Bloomberg – Platypus Capital Management is liquidating its long-short Asian and Australian hedge funds, citing difficulties in a “post-Madoff world.” The Sydney-based firm, with about $42 million in assets, will return funds to investors, saying it didn’t have a “viable […]
Colonial Seeks Hedge Fund to Join Gore, 452 in Alliance Stable
Bloomberg – Colonial First State, Australia’s biggest asset manager, may seek an alliance with a hedge fund to offer customers a strategy capable of profiting in rising or falling markets. The manager of about A$130 billion ($103 billion) has A$4 […]
Pengana Aims to Grow Volatility Hedge Fund Amid Market Swings
Bloomberg – Pengana Capital Ltd., a Sydney- based asset manager that oversees A$1.5 billion ($1.1 billion), aims to increase the amount of hedge fund assets that bet on market swings by six times in two years. Pengana is seeking to grow […]
Investors force Wallace out
WA Today – Richard Wallace has been ousted from the hedge fund he founded after the listed asset manager made losing bets throughout the financial crisis. Mr Wallace, who is based in Sydney, will no longer manage the Australian-listed hedge fund for […]
Bennelong SGI to Start Hedge Fund to Invest in Global Equities
Bloomberg – Bennelong Funds Management, an Australian fund manager with A$400 million ($271 million), will start a second hedge fund to ride through the financial crisis as it seeks to more than double funds under management. Melbourne-based Bennelong wants to […]
Australian Hedge Funds Will Attract New Cash in 2009
Bloomberg – Australian hedge funds will attract a net inflow of cash in 2009 after record redemptions by overseas investors led to the closure of at least 10 funds in the fourth quarter, the local arm of the Alternative Investment […]
