Business Services Industry
Asset Alliance enters the Australian market.
Australasian Business Intelligence, April, 2003
Apr 07, 2003 (Investor Weekly - ABIX via COMTEX)
US-based alternative investment house Asset Alliance will use Queensland's Interfinancial for Australian marketing. Asset Alliance (AA) operates by buying 50 of hedge funds, of which it currently has 14 worldwide. Steven Lonsdorf, the senior MD of AA, says that two more funds may be added to those, one of them Australian. AA also offers one of the first composite hedge fund and managed futures indexes in the world. Lonsdorf said the indexes offered transparency and liquidity.
Publication Date: 7 April 2003
ASSET ALLIANCE CORPORATION:
INTERFINANCIAL LIMITED
By Kate Mills
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