| Opalesque, the world's largest subscription-based | | | | - Neil Williams, General Manager Public Markets, |
| publisher covering the alternative investment | | | | New Zealand Superannuation Fund |
| industry, has launched the 29th issue in a series of | | | | - Anthony Limbrick, Chief Investment Officer, |
| regional roundtable forums- Opalesque 2010 New | | | | Pure Capital |
| Zealand Roundtable. The 27 page Roundtable can | | | | - Charles Drace, Founder, Socrates Fund |
| be downloaded for free at | | | | Management |
| Two years after launching the Opalesque | | | | - Jeremy Muir, Senior Associate, Minter Ellison |
| Roundtable Series in 2008 in Auckland, Opalesque | | | | Rudd Watts |
| founder Matthias Knab traveled back to the | | | | - Mark Brighouse, Managing Director, Brook Asset |
| "other end of the world" (another 11 hours flight | | | | Management |
| from Hong Kong...) looking for answers and the | | | | - Mark Sleeman, Founder, MS Capital Management |
| latest trends. There, a diverse group of hedge | | | | - Michael Gibbs-Harris, Founder, MGH Asset |
| fund managers and CTAs were able to buck the | | | | Management |
| global downtrend and instead cranked out a | | | | - Mike Taylor, Founder, Pie Funds |
| positive return of +20.4% (as measured by the | | | | - Peter Lawson, Counsel, Ogier |
| Ernst & Young New Zealand Absolute Return | | | | - Philip Crotty, Managing Director, New Zealand |
| Index) in 2008 - the year the MSCI World tanked | | | | Assets Management Asia |
| over -40%, erasing $14trn of shareholders' | | | | The Roundtable was made possible by Pure |
| wealth. In 2009, the NZARA Index, which was | | | | Capital, who sponsored this Opalesque Roundtable, |
| created in conjunction with the New Zealand | | | | law firm Minter Ellison Rudd Watts who provided |
| Absolute Return Association (NZARA), was up | | | | the Auckland meeting venue, and Custom House |
| +17.5%. | | | | Group and Taussig Capital as the 2010 Opalesque |
| What is behind the clear outperformance of the | | | | Roundtable Series sponsors. Matthias Knab, |
| New Zealanders? | | | | founder of Opalesque and internationally |
| As the average global hedge fund was down | | | | recognized expert on hedge funds and |
| around -20% in 2008, the question that needs to | | | | alternatives, moderates the Opalesque |
| be answered is: what is behind that clear | | | | Roundtables. |
| outperformance of the New Zealanders? | | | | The Roundable can be downloaded for free at |
| And which strategies help the New Zealanders to | | | | All other previously published Opalesque |
| build their asset base? Some of these managers | | | | Roundtable Scripts can be accessed here: |
| have also set up offices in London, but why are | | | | About Opalesque: |
| they now "seriously questioning our commitment | | | | In 2003, with the publication of its daily Alternative |
| to being in Europe" and pondering moves to | | | | Market Briefing, Opalesque successfully launched |
| Singapore? | | | | an information revolution in the hedge fund media |
| In this Roundtable, Neil Williams, General Manager | | | | space: "Opalesque changed the world by bringing |
| Public Markets of the New Zealand Superannuation | | | | transparency where there was opacity and by |
| Fund, explains what this government pension fund | | | | delivering an accurate professional reporting |
| thinks about hedge funds and how they are used. | | | | service." - Nigel Blanchard, Culross. This hybrid |
| Philip Crotty, Managing Director of New Zealand | | | | financial news service, which combines proprietary |
| Assets Management believes it is a very good | | | | industry news stories and filtered third party |
| idea for global hedge funds to include Australasian | | | | reports, has been credited by many industry |
| investors in their client mix, as they "generally | | | | insiders with delivering precise, accurate, and vital |
| take a long-term view of their investments and | | | | information to a notoriously guarded audience. |
| do not redeem whenever there is turmoil in the | | | | Each week, Opalesque sends out over 650,000 |
| markets." | | | | editions of its eleven publications to a global |
| The Opalesque 2010 New Zealand Roundtable had | | | | readership in over 170 countries. |
| the following participants: | | | | |