AIMA Australia Hedge Fund Forum - 16 September 2014: News Wrap
The AIMA Australia Hedge Fund Forum last week showcased the skill of local managers, their approach to business and their market views to local and international delegates.
Discussion also focused on how the Australian hedge fund industry can better engage with investors, and touched on the regulatory and market forces that are shaping the industry's future. Nearly 300 investors, managers and service providers attended the forum, making it the largest conference of its kind in Australia.
Highlights from the Forum included:
AUSSIES BEST IN LOCAL SHARES
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Australian hedge fund managers are "clearly" skillful in long/short Australian equities and "possibly" skillful in fixed interest but are lagging international managers in global macro, over the past 10 years, according figures produced by Australian Fund Monitors for AIMA Australia. But, over the past five years, Australian global macro managers have performed as well as their international counterparts.
DISTANCE NOT NECESSARILY A HINDRANCE
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With the centre of the investing universe shifting away from New York and London and towards China, Australia's distance from the major markets is becoming less of an issue. Being in, or close to, the Asian time zone will increasingly be an advantage.
Founded in 1990, AIMA is the global hedge fund industry organisation that represents hedge fund managers, fund of hedge fund managers, prime brokers, legal and accounting firms, investors, fund administrators and independent fund directors - around the world. The most valued service that AIMA provides to its member firms is making their voice heard by policymakers, regulators and media. AIMA has developed long-standing relationships with key global authorities. With its public affairs work on the ground in Europe, the Americas, the Middle East and Asia-Pacific, AIMA is able to engage in extensive advocacy in the best interests of the global hedge fund industry.
For further information, contact
Michael Gallagher, AIMA Australia General Manager M +61(0) 412 224 400
Read the entire "NewsWrap" here.
AIMA Australia Hedge Fund Forum 2014 (pdf format)
