HFA goes institutional

29 September 2005
| By Mike |

HFA Asset Management is looking to move further into the institutional environment.

The company, which virtually pioneered retail hedge funds, already has institutional experience, having managed a $30 million mandate on behalf of Sunsuper.

HFA Asset Management founder and managing director Spencer Young said he believed the Sunsuper mandate had been successful for both parties, and that HFA was well-geared to handle further significant institutional business.

“Given the strength of our research and our long-standing relationship with Lighthouse Partners in the US, we are well-equipped with respect to institutional mandates,” he said.

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