Australia: land of opportunity

June 03, 2010  

Assets in hedge funds in Australia have grown from $1.6 billion to $57 billion in 10 years. InvestHedge explores what is going on in Australia and discovers that it is a market worth looking at

By Pirkko Juntunen The Australian pension fund industry mirrors the country in its uniqueness. Australian pension funds, known as superannuation funds (super funds for short) have an asset pool of US$1.1 trillion, or the equivalent of 90% of GDP, in 2010. This number is estimated to reach some $1.8 trillion by 2015 and by 2025 make up 120% of GDP, making it a growth market for asset management. As investors look to diversify, this represents an...

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