Rival fund managers are perplexed by the scale of the debt left by NWQ Capital Management, expressing surprise at the almost $20 million owed, including to four prominent Perth business figures.
Investors in a product run by collapsed fund manager NWQ Capital Management are owed almost $1.6 million, after being given a guarantee of capital return following shocking losses.
West Perth-based fund manager NWQ Capital Management has been suspended by the financial services watchdog from providing financial services or raising money for two of its funds.
SPECIAL REPORT: A new, more aggressive fund and the international expansion of its existing conservative strategy will be key to the growth of boutique investment manager NWQ.
The state's first early stage venture capital limited partnership is one of three funds announced by Western Australian money managers this year, and one of two in a joint project by Cottesloe-based View Street Partners and Nedlands-based Mac Equity.
West Perth-based hedge fund NWQ Capital Management has revealed it will be targeting the huge US financial sector with a new offshore fund, on the same day it announced former Bennelong Funds director of consultant relationships Tara Bell would be appointed managing director of research.
West Perth-based NWQ Capital Management has beaten off competition from rivals in Sydney and Melbourne to be named Australia's best hedge fund investor.
Perth-based NWQ Capital Management has been selected by Yellow Brick Road to manage a new protected equities fund that it will seek to operate as a ‘hedge fund for retail investors'.
Independent schools across the state are benefiting from the experience some of Perth's most prominent business leaders have brought to their boards, providing greater diversity and structure to the decision-making process.
Hedge funds might attract the headlines for all the wrong reasons but Jon Horton has staked his latest business enterprise on the fact that their returns in these troubled times will attract Australian investors.
