Australian Hedge Funds On Track To Crack $100bn

(The Australian) “But for every pension fund that has announced they are ­coming out of hedge funds ­(following the CalPERS move, there are several more coming in or increasing that allocation.’’ Australian hedge fund managers are on track to crack $100bn for the first time this year and say accelerating returns and the introduction of the Investment Manager Regime, which removes tax on Australian instruments held by foreign fund managers, should act as a catalyst for further growth….

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