Alternative Investments Surge
Infrastructure and real estate take the largest share of alternative assets in Australia, according to a new survey, boosting home loan confidence. Infrastructure and real estate investment managers dominate the Australian alternatives scene with the largest share of assets, according to the Towers Watson Global Alternatives Survey. “Alternative investments continue to grow and indeed are becoming an increasingly important part of portfolios,” said Graeme Miller, director of investment services at Towers Watson.
“This is a trend we’re seeing in Australia and quite clearly the survey demonstrates that this is one that is applicable globally as well.” The survey covered 493 managers in seven asset categories: real estate, fund of hedge funds, private equity fund of funds, hedge funds, private equity, infrastructure and commodities. It studies the domicile of the major investment managers and revealed 15 of the top Australian managers had been dominated by infrastructure and real estate managers.