AsiaRisk Awards
Here we feature two outstanding winners from our sister publication AsiaRisk’s Annual Awards, published in October. Thanks largely to Macquarie Bank, alternative investments are gaining a real foothold in Australia, while Westpac has been instumental in the growth of Australian electricity trading
Winner: Macquarie Bank
Australian investors have been placing increasing amounts of cash into alternativeinvestments over the past two years. Assets under management for Australian-basedhedge funds have increased from $4.1 billion 12 months ago to $7.8 billion atthe end of August, according to Singapore and Hong Kong-based research and advisoryfirm Eurekahedge Advisors. And Macquarie Bank has been at the forefront of developingthe alternative investments
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