Oz Manager To Launch Hedge Fund

  • 23 Apr 2001
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Hedge Funds of Australia, an asset management firm based in Sydney, is planning to launch an on-shore hedge fund that will make extensive use of derivatives. Spencer Young, managing director, said the firm is in the planning stages and looking for a start date in the next 12 to 18 months. Young declined to comment on a specific strategy for the fund, citing stiff competition in the Aussie market, but noted he's looking to hire three to four asset managers.

Recently, Hedge Funds of Australia launched three new products in the Aussie market. The Supercash Fund, Diversified Investments Fund, and the Strategic Investments Fund are all fund of funds and available either as hedged or unhedged products. Fx derivatives are used to hedge currency risk. The firm has about USD20 million under management, and with the launch of the new funds is adding about USD500,000 per week.

  • 23 Apr 2001

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 143,637.59 532 8.14%
2 JPMorgan 133,493.98 551 7.57%
3 Bank of America Merrill Lynch 121,018.50 398 6.86%
4 Barclays 102,515.63 366 5.81%
5 Goldman Sachs 100,033.84 285 5.67%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
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1 JPMorgan 24,749.48 24 10.68%
2 Citi 15,693.04 32 6.77%
3 SG Corporate & Investment Banking 14,413.17 40 6.22%
4 Deutsche Bank 13,118.70 35 5.66%
5 Bank of America Merrill Lynch 12,117.87 27 5.23%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
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1 Goldman Sachs 5,976.79 28 10.24%
2 JPMorgan 4,842.28 23 8.30%
3 Citi 4,170.20 23 7.15%
4 Deutsche Bank 4,055.26 23 6.95%
5 Morgan Stanley 2,713.30 22 4.65%