Alternatives

“(The biggest benefit) of late stage venture capital is the uncorrelated nature of the asset class,” said Kevin Moss, president and portfolio manager at late stage venture capital manager Liberty Street Advisors (LSA). “Everybody’s looking for the capital gains of course, but this really differentiates the asset class… And history will tell you that periods…

Floods, fires, landslides, earthquakes. It doesn’t matter where you are in the world, the impacts of climate change are becoming more pronounced, with many still struggling to understand the implications they have for various asset classes. Long the stalwart of institutional portfolios, commercial properties are among the oldest asset classes in the world, having been…

“Bonds won’t exist in 10 years,” were the words of Vimal Gor, one of the most well-known and respected fixed income managers in the country. He was announcing his departure from Pendal Group, where he had managed as much as $22 billion in fixed income strategies over a multi-decade career. In recent years, Gor has…

Following-on from the COP26 meeting last November, there has been a tectonic shift towards “green” asset investments to ensure that the (voluntary) national goals of the Paris Agreement are met, and there is a rapid reduction of carbon-dioxide emissions to ‘net zero’ levels. The Australian Financial Review said that as of September 30, “sustainable funds…

Funds under management (FUM) in managed accounts jumped in the second half of 2021, with continued growth expected in 2022 through more volatile asset markets, according to new data from the Institute of Managed Account Professionals (IMAP). As at 31 December 2021, FUM in managed accounts stood at $131.65 billion, an increase of $21.06 billion…

Venture capital has been one of the most popular and profitable sectors in which to operate and invest in the last few years. Traditionally, and ultimately still, the primary domain of the ultra-wealthy, pension funds and statutory investors, the sector has delivered returns exceeding 20 per cent a year for many years now. Private equity…

The number one expectation Australians have of financial advisers in 2022 is quite straightforward, according to the Responsible Investment Association Australasia (RIAA); they must know about responsible investment. That is according to the more than one thousand people interviewed for the latest Values to Riches survey, 64 per cent of which suggested this was a…

Following the Senate inquiry and recommendations into the crypto sector, Australia is fast on its way to becoming a leading digital innovation hub in the world, attracting overseas crypto and digital companies alike. This week, FTX, the world’s fastest-growing crypto exchange, announced plans to launch in Australia within weeks. 30-year-old founder Sam Bankman-Fried sank millions…

As the world emerges from the pandemic, economies around the world have re-opened, albeit with record levels of fiscal and monetary stimulus, higher production costs and a global supply chain that has been pushed to its limits. It’s no surprise that inflation expectations are the highest in almost a decade. Inflation should build steadily over…

Perennial Value Management, long known mainly for its “value” stock-picking prowess, is this week launching a new private growth ventures fund. The Perennial Private Ventures Fund will open to wholesale investors on 26 April 2022 and has already sounded out strong interest with cornerstone capital identified. The fund is targeting $200 million-plus from family offices,…

The oldest asset class in the world, direct property, is experiencing something of a renaissance amid a surge in inflation and the pursuit of lower-risk income streams. This was part of the discussion at The Inside Network’s Alternatives Symposium, held in Melbourne. Chris Cornforth from Harvest Hotels took a room of Australia’s leading financial advisers…

As the amount of capital available to them soars and equity markets grow more volatile, companies increasingly don’t want to go public – and don’t need to. The number of publicly-listed companies on US exchanges has roughly halved from 8,000 to 4,000 in the last 20 years, according to Liberty Street Advisors. And while part…