Summary
NEW YORK (HedgeWorld.com) - Australia's fast-growing hedge fund industry was shaken by subprime and structured credit woes this summer, but some managers have done extremely well, much better even than the buoyant Australian stock market.
Sydney-based Regal Atlantic Absolute Return Fund, started in January 2004 by Andrew King and Philip King of Regal Funds Management Pty Ltd., returned more than 59% in the past 12 months. Their fund pursues a leveraged high-risk and high-return strategy.See the full content of this document
Extract
Top Australian Funds Beat Hot Stock Market
Cadence Capital Ltd., also in Sydney, made more than 45% in 12 months...
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