1 November 2010 14:00
“The Triplepoint Fund, like other diversified portfolios of hedge funds has, on average, a 0.2 beta to equity markets,” O’Dea explained.
“Launching at the beginning of the US recession and given the S&P500 declined by nearly 40 per cent in the calendar year 2008, this helps to explain why Triplepoint has not met this objective to date. We believe this is similar to a balanced fund failing to meet a CPI+3-4%p.a. objective over the same time period.”
Rest Super has built its private equity program around a deliberately selective approach to manager and deal selection, favouring a concentrated roster of external partners and proactively seeking out top PE firms rather than waiting for them to come knocking. Head of private markets Marina Pasika unpacks the program’s coming of age and what powered an asset class return more than double the peer average in the last financial year.
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In-depth interviews with leaders, experts and visionaries in the institutional investment community
Updates on the latest industry policy developments and regulation
The challenges and innovations of custody, technology and operational due diligence
Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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