Hedge Funds

New philanthropists target roots of social problems

Some call it the golden age of philanthropy. It was heralded by the donations of super-rich ‘billanthropists’, Bill Gates and Warren Buffet, who committed a combined $US61 billion to The Bill & Melinda Gates Foundation in 2006. In Australia, giving has been nowhere near as grand, but a progressive form of philanthropy, known as strategic […]
Hedge Funds

Super fund returns: be satisfied with 5%

We have heard it before, but this time it’s serious: the reward for risk will probably be lower going forward and super funds should be satisfied with a real return of about 5 per cent a year, the Russell Investments conference was told.