So is Australia just a lucky country? Think again. Perhaps it is the combination of entrepreneurial spirit, risk taking, perseverance (the “battler” spirit) and cultural diversity that make Australia a unique place for hedge fund investing. Whether you need a book smart or street smart hedge fund manager, or even a mandarin-speaking Prime Minister for the new millennium, Australia has it all.
01/05/2008
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The chief investment officer of the $150 billion industry super fund says that Hostplus’ portfolio will weather the ongoing downturn in software companies and that moves by a number of large private credit managers to gate their funds are a result of the asset class being offered to retail investors who should not have assumed the funds would be liquid enough to get money out when everybody else is trying to do the same.
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