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Super funds eye hedge funds

Money Management- A survey of some of Australia’s biggest superannuation funds has found that they intend to increase their average allocations to hedge funds from 2.5 to 3.5 per cent over the next two to five years, according to a survey by the University of New South Wales Business School.

The survey, commissioned by the Australian chapter of the hedge fund industry body Alternative Investment Management Association (AIMA), researched the plans of some of Australia’s major superannuation funds.

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