exposures

Investment Strategy

JANA halves hedge fund fees, reins in risk with managed accounts

JANA Investment Advisers believes identifying the beta drivers in hedge fund returns has enabled it to halve fees in the notoriously expensive asset class, as the consultant recommended clients allocate as much as 15 per cent of their portfolios to the strategies. Michael O’Dea, portfolio manager of JANA’s Triplepoint hedge fund-offunds (hedge FoFs), said investors […]
Investment Strategy

JANA halves hedge fund fees, reins in risk with managed accounts

JANA Investment Advisers believes identifying the beta drivers in hedge fund returns has enabled it to halve fees in the notoriously expensive asset class, as the consultant recommended clients allocate as much as 15 per cent of their portfolios to the strategies. Michael O’Dea, portfolio manager of JANA’s Triplepoint hedge fund-offunds (hedge FoFs), said investors […]
Investment Strategy

Currency to crimp the master trusts’ comeback

The comeback of retail master trusts against industry funds in the performance stakes will face a headwind if the Australian dollar remains high, because their average strategic hedging level is much lower, according to data from Chant West Financial Services. “To the extent that anyone’s not 100 per cent hedged, they are suffering at the […]
Investment Strategy

Currency to crimp the master trusts’ comeback

The comeback of retail master trusts against industry funds in the performance stakes will face a headwind if the Australian dollar remains high, because their average strategic hedging level is much lower, according to data from Chant West Financial Services. “To the extent that anyone’s not 100 per cent hedged, they are suffering at the […]
Administration

Smaller hedge fund industry more attractive for investors

The third annual Absolute Returns Funds conference for super funds, produced by Investment & Technology, canvassed a range of issues faced by super funds in assessing alternative investments. GREG BRIGHT and MICHAEL BAILEY report. Absolute returns strategies using alternative investments are far from dead post-crisis, it would seem, although their use in both asset allocation […]
Administration

Smaller hedge fund industry more attractive for investors

The third annual Absolute Returns Funds conference for super funds, produced by Investment & Technology, canvassed a range of issues faced by super funds in assessing alternative investments. GREG BRIGHT and MICHAEL BAILEY report. Absolute returns strategies using alternative investments are far from dead post-crisis, it would seem, although their use in both asset allocation […]
Unintentional

The Great Currency Debate

Troy Rieck hates the word ‘unprecedented’. The managing director, Capital Markets, for Queensland Investment Corporation says that crises come along all the time. And, for the most part, Australia is, indeed, the lucky country. But what makes the crisis of the past 18 months different is not so much its severity – because it is […]
Unintentional

The Great Currency Debate

Troy Rieck hates the word ‘unprecedented’. The managing director, Capital Markets, for Queensland Investment Corporation says that crises come along all the time. And, for the most part, Australia is, indeed, the lucky country. But what makes the crisis of the past 18 months different is not so much its severity – because it is […]
<1of3>