annual returns

Investment Strategy

Hastings Funds CEO Day pushes culture change

Last month Andrew Day, chief executive of Hastings Funds Management, brought most of his 100 colleagues, who work as far afield as London and San Antonio, Texas, to Melbourne to think about the infrastructure investor’s goals. For two days Hastings staff discussed how to transform the $6.5-billion fund manager into a more international company. “As […]
Investment Strategy

Private equity beats the stock market

Private-equity returns have outperformed investments in the stock market over the past decade, according to Cambridge Associates’ Australia Private Equity and Venture Capital Index. In the 10 years to December 31, 2011, Australian private-equity net returns were 7.5 per cent per annum. The S&P/ASX 300 Accumulation Index rose 6.1 per cent per year during the […]