Assirt takes on hedge funds
Assirt is to include hedge funds on its research radar for the first time.
Assirt International business manager Rebecca Jacques says the research house will look at new industry topics such as hedge funds. The group is currently working with Rothschild Australia researching its alternative asset fund and is also investigating researching other managers.
Also speaking at this morning’s Assirt adviser briefing in Sydney, Assirt associate director John Van Gils said Australia was shaping up as the best equity market for the next five years.
He said the emerging scenario points to portfolio single digit returns but real returns are not too different from the past five years.
However, he said currency will remain a major issue for Australian investors over the next couple of years.
“Currency is significantly below the average, the reason for that is because it has been pulled down to as far as it can go,” Van Gils said.
But he said in a medium-term five year perspective, currency is expected to rise again.
AUTHOR
Nicole Szollos
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