Aussie hedge funds ‘stand to lose millions’: AIMA

“We’ve always been very pro the idea of having to have an AFSL license in

Australia. If you’re a hedge fund in

Australia you have to have an AFSL license and for us it’s a great layer of due diligence correctness… it’s a second layer of due diligence that potential investors don’t have to worry about. So provided the final changes weren’t too draconian, I would have said it’s probably not a bad thing.”

 

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The twin forces rewriting the rules of investing

Portfolios built for the old world will be severely tested as emerging forces rewrite the rules of investing. The Top1000Funds.com Fiduciary Investors Symposium heard that geopolitical and macroeconomic upheaval, together with the disruption wrought by AI, should force asset owners to rethink the structure and composition of portfolios.

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