Regulation of Hedge Funds in Australia
Author: Susan Hilliard.; James Boynton.
Source: Volume 20, Number 01, September/October 2006 , pp.17-22(6)
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Abstract:
Hedge fund managers located in Australia directly control A$22,388 million (US$17,098m) in assets, more than Hong Kong, Japan, and Singapore put together. Australia also offers 111 hedge fund products, the highest number for any one country in Asia. When Australia’s fund-of-hedge fund sector is included, the size of the Australian hedge funds industry increases to A$35,350 million (US$26,997m). The lack of specific regulations covering hedge funds in Australia does not mean that there is no regulation as the fund management industry has many requirements designed to protect investors’ interests.Keywords:
Affiliations:
1: Mallesons Stephen Jaques; 2: Mallesons Stephen Jaques.