{"id":11059,"date":"2009-07-20T00:00:00","date_gmt":"2009-07-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"ex-pimco-palghat-to-double-assets-in-fixed-interest-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/ex-pimco-palghat-to-double-assets-in-fixed-interest-hedge-fund.html","title":{"rendered":"Ex-Pimco Palghat to Double Assets in Fixed-Interest Hedge Fund"},"content":{"rendered":"<p>Bloomberg &#8211; Kapstream Capital, Australia&rsquo;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.             <\/p>\n<p>The Sydney-based firm has secured investments that will take funds it oversees to A$1.2 billion ($965 million), from A$650 million, said founder Kumar Palghat, Pacific Investment Management Co.&rsquo;s former head of portfolio management in Asia- Pacific. He aims to raise A$1.5 billion by end-2009 as investors switch to managers that made money even as global markets tumbled last year.     <\/p>\n<p>&ldquo;People are recognizing that there are some opportunities in the credit space and they are more willing to start investing in them now,&rdquo; said Robert Dasilva, managing director of Asia- Pacific fixed income in Sydney at Principal Global Investors, which manages $228 billion in assets globally.     <\/p>\n<p>  <strong><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&#038;sid=a9R00VQhB4I4&#038;FORM=ZZNR\" target=\"_blank\" title=\"Read Complete Article\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Kapstream Capital, Australia&rsquo;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 [&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":[3017,1007,64,14313,14315,7584,1064,11148,1562,1482,5369,48,1388,14314,1555,1924,14312,11183,7671],"class_list":["post-11059","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-asia-pacific","tag-assets-under-management","tag-bloomberg","tag-capital-australia","tag-dasilva","tag-fixed-income","tag-global-markets","tag-hedge-fund","tag-investment-management","tag-investments","tag-managing-director","tag-money","tag-pacific-investment-management-co","tag-palghat","tag-pension-funds","tag-portfolio-management","tag-principal-global-investors","tag-rsquo","tag-sydney"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11059","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=11059"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11059\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}