Sydney Hedge Fund Regal Sees Inflows Jump for Inflation Hedges
Sydney-based fund manager Regal Partners Ltd. is on track to hit A$2 billion ($1.4 billion) in net inflows this year, as conflict in the Middle East spurs demand for investment strategies offering a hedge against inflation.
The firm has seen net inflows of around A$200 million through April, bolstering the A$449 million the fund manager reported for the first three months of the year, Chief Executive Officer Brendan O’Connor said at the Macquarie Australia Conference in Sydney on Wednesday. The flows mark the best start to a calendar year since the company became a listed entity almost four years ago, he said.