Investment Strategy

Demise of hedge funds “greatly exaggerated”

Australia’s $43-billion hedge fund industry has survived the global financial crisis intact and has moved back into a “growth trajectory,” according to one of the judges at this year’s Hedge Fund of the Year Awards. Matthew Jeremy, the managing director of Caravel Consulting Services, said the awards – led by overall winner, the BlackRock Australian […]
Hedge Funds

Aurora closes raising for ETF number five

Listed investment trust manager Aurora Funds Management has closed the capital raising for its fifth exchange traded fund, slated to list before the end of December, after raising $20 million in six weeks from Australian and New Zealand-based retail investors.