14 hours ago
- Business
- AU Financial Review
UniSuper invests $500m in new ASX hedge fund
UniSuper, one of Australia's largest industry funds, has given First Sentier Investors' quant business $500 million to launch a hedge fund that invests in ASX 300 companies.
RQI Investors, which oversees around $25 billion of assets and use mathematical models and computer algorithms to make investment decision, launched the fund just before the US President Donald Trump upended financial markets on April 2.