{"id":10843,"date":"2009-06-18T00:00:00","date_gmt":"2009-06-18T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"colonial-seeks-hedge-fund-to-join-gore-452-in-alliance-stable","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2009\/colonial-seeks-hedge-fund-to-join-gore-452-in-alliance-stable.html","title":{"rendered":"Colonial Seeks Hedge Fund to Join Gore, 452 in Alliance Stable"},"content":{"rendered":"<p>Bloomberg &#8211; Colonial First State, Australia&rsquo;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.             <\/p>\n<p>The manager of about A$130 billion ($103 billion) has A$4 billion of client money in five boutique funds. Sydney-based Colonial started the alliance business in 2002 to broaden the range of strategies offered and has tie-ups with firms such as the Al Gore-backed Generation Investment Management LLP.     <\/p>\n<p>&ldquo;We don&rsquo;t have anyone who specializes in absolute returns,&rdquo; Graham Hand, Colonial&rsquo;s general manager of funding and alliances, said in an interview in Sydney. &ldquo;If we can get the right idea working, that would compliment what we&rsquo;re doing. So we&rsquo;re looking at a few possible deals in that space.&rdquo;     <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.bloomberg.com\/apps\/news%3Fpid%3D20601087%26sid%3DaqyfkhX08mBc\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Colonial First State, Australia&rsquo;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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[574,1054,5602,929,3518,13190,4498,13191,13192,11148,1562,11183,7671,13189,6542],"class_list":["post-10843","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-absolute-returns","tag-al-gore","tag-alliances","tag-asset-manager","tag-australia","tag-boutique-funds","tag-client-money","tag-colonial-first-state","tag-compliment","tag-hedge-fund","tag-investment-management","tag-rsquo","tag-sydney","tag-tie-ups","tag-ups"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10843"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10843\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}