Private equity beats listed market: AVCAL

private equity ASX cent asset class

22 August 2014
| By Malavika |
image
image
expand image

Australian private equity and venture capital beat out the listed market in the 12 months to 31 March, according to data from the Australian Private and Venture Capital Association Limited (AVCAL) and Cambridge Associates.

The Cambridge Associates LLC Australia Private Equity and Venture Capital Index (the CA Australia Index) gained 23 per cent against the S&P/ASX 300 Index's 13 per cent over the same one-year period.

The CA Australia Index — an independent performance benchmark for the private equity and venture capital asset class — gained 3.3 per cent in the first quarter of 2014.

The three year returns stood at 12.27 per cent, the 10-year return was at 10.61 per cent and the 15-year return was at 11.69 per cent. However the five-year return was lower than the listed market, coming in at 11.82 per cent, against 13.2 per cent.

"The strong returns experienced in Australia rewarded investors who stayed allocated and invested in the asset class," managing director at Cambridge Associates' office, Sydney, Eugene Snyman said.

"In particular, many institutional investors who followed a disciplined manager selection and implementation strategy achieved a net of fees return in excess of 500bps above listed markets over the long-term."

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Interesting. Would be good to know the details of the StrategyOne deal....

4 days ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...

4 weeks 1 day ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 3 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

2 days 22 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 1 hour ago