Top artists are to perform in front of an expected crowd of more than 600 hedge fund industry participants at this year’s Hedge Funds Rock charity and awards night.
Kiwi band Evermore, Aussie legend Richard Clapton and the hedge fund industry’s very own band, Typhoon, will entertain the audience at Paddington Town Hall on September 27. In addition to celebrating the achievements of this year’s top performers, the evening is also an opportunity to raise money for cancer research. In a partnership with the charity Cure Our Kids, organisers hope to beat the $455,000 raised last year to help advance cancer research, purchase medical equipment and renovate the oncology ward and clinic at Westmead Children’s Hospital. Over the past five years, the local hedge fund industry has raised more than $1.15 million for the charity. Fund managers seeking acclaim in this year’s awards will be wary of the perils of too much success, with the fate of last year’s fund of the year, Basis Aust-Rim Opportunity Fund, being particularly fresh in everyone’s memory. The other award categories include: best emerging manager; best long short & absolute return fund; best market neutral fund; best global macro/ futures fund; best fund of fund; best investor supporting Australian managers; and the contribution to the Australian hedge fund industry award.
The brunt of losses from the LA wildfires are expected to be borne by primary insurers and high-risk reinsurance programs, but super funds are nevertheless closely monitoring the possible impact of the fires on catastrophe bond and insurance-linked securities exposures.
Simon HoyleJanuary 17, 2025
