Home country bias permeates fund views on outlook for markets
Home country bias may extend past a fund’s overweighted asset allocation to domestic investments and to the way that trustees view their country’s future prospects, according to the results of a global investor survey by AXA Rosenberg.
US hedge fund giant opens Sydney office
Wexford Capital, a $US7 billion hedge fund and private equity manager out of Connecticut, has poached an RBC Capital analyst to establish a Sydney office.
Fiani hires fifth former UBS colleague
The founder of Integrity Investment Management, ex-UBS Global Asset Management local shares head Paul Fiani, has poached a fifth former colleague for his Australian equities start-up.
