Opalesque – Australian hedge funds do not currently pose a systemic risk to the local financial system, an ASIC report claimed and added that the country’s hedge fund industry manages only a small share of Australia’s $2.1tln managed funds industry with more than half of these holding less than $50m each.
In its survey of Australian hedge funds, it found that the local fund management space uses low leverage and appeared to have adequate liquidity to meet obligations.
