POWERED BY MOMENTUM MEDIA
Rest mandate for IXIS
Big retail fund REST has awarded a $100 million fund of hedge funds mandate.
The appointment was announced in late April and will see the IXIS mandate managed by affiliate Harris Alternatives via the Harris Alternatives Aurora Hedged Equity Offshore Fund.
REST executive director said the fund was looking to complement its portfolio with an absolute return investment product and had been attracted to the lower volatility and diversity associated with fund of hedge funds.
The mandate will see an investment in the Harris Alternatives Aurora Hedged Equity Offshore Fund, which seeks to achieve long-term capital appreciation through the use of a multi-manager, single strategy investment approach, focusing on global long/short managers.
AUTHOR
Mike Taylor
Recommended for you
As market volatility persists, some super funds are pivoting defensively, while others are strategically positioning to capitalise on emerging opportunities.
New data has shown a progressive deterioration in risk appetite among instos even prior to Donald Trump’s latest round of tariffs.
UniSuper has reached “peak investment” in US assets and is now preparing to reassess its exposures amid ongoing sharemarket volatility.
Investors have slashed their US equity allocations to the lowest level on record, according to new data from Bank of America.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
Global X GlobalX FANG+ ETF
37.15 3 y p.a(%)
3
GAM LSA Private Shares AU I
33.96 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.68 3 y p.a(%)
5
Plato Global Alpha A
28.73 3 y p.a(%)
