Have you got the app?
Don't have a smartphone?
click here to access our web portal.
Financial Observer – Blue Sky Managing Director, Rob Shand said average portfolio allocations to alternatives in Australia had risen from 5 per cent to 20 per cent over the past two decades, a growth that could be attributed to retail investors discovering the benefits of the asset class. “Institutional investors have always had access to alternatives, but what we’ve seen over the last few years is the recognition that if the best of the best are allocating 20 per cent of their portfolios to alternatives, maybe that’s something that a high net worth individual or family office should also do.”More
The Australian – Shoes of Prey co-founder Jodie Fox has shooed off critics, declaring her business is well on track as she outlined aggressive plans to revolutionise women’s fashion. The entrepreneur, who now spends most of her time in Los Angeles running the online shoe design business she started in 2009, insisted claims that the firm was burning through cash too quickly were not an accurate picture.More
Money Management – Blue Sky’s Chief Investment Officer, Alex McNab, said high performance of alternatives had been forecast for 2017. “We are at a moment in time when traditional asset classes have an unattractive medium-term return outlook and unusually high levels of risk.”More
Blue Sky Alternative Investments Limited (ASX: BLA) today announced its results for the half year ending 31 December 2016, reporting a significant rise in revenue, profitability, cash flow and fee-earning assets under management.More
Stem cell biologist turned venture capitalist Elaine Stead has parlayed her passion for science into helping others grow multi-million dollar enterprises. As managing director of Blue Sky Venture Capital, Elaine is at the forefront of venture capital in Australia. She’s currently fundraising AU$200 million to invest in the Next Big Thing.More
Courier Mail – Investors and farmers gain from a liquid asset. Kim Morison grew up on a West Australian wheat farm where regular droughts meant every drop of water was precious. Now the Blue Sky executive controls enough water to fill a large part of Sydney Harbour as head of the investment firm’s water trading division.More
The Australian – Colonial First State Global Asset Management has bought its first Australian water asset, picking up Water Utilities Australia from listed investment manager Blue Sky Alternative Investments for an undisclosed price and ahead of a significant expansion. CFSGAM plans to hold the business, which services winegrowers in the McLaren Vale, south of Adelaide, in its global diversified infrastructure fund.More
Australian Financial Review – Aura Australia, a joint venture between former RetireAustralia executives and Blue Sky Alternative Investments, is planning a $67 million retirement village at Maroochydore on the Sunshine Coast. On almost one hectare, acquired for $6 million, the joint venture will develop a vertical retirement village of about four storeys.More
Trade and Investment Queensland (TIQ) has congratulated Kialla Pure Foods on successfully attracting $12.3 million worth of investment to help grow its organic grain and flour processing business.More
Australian Financial Review – Record rainfall and growing concern over the politics of the Murray Darling Basin have not been enough to dent the values and demand for water entitlements in Australia’s booming farming regions such as the Murrumbidgee. With parts of NSW receiving up to 400 per cent of their average annual rainfall during winter, some prices for water allocations have reduced but a trend towards planting crops and orchards such as almonds, which require higher-security water, is keeping some tension around pricing.More
Business News Australia – Blue Sky Alternative Investments (ASX:BLA) continues to up the ante in the student accommodation market, this time in the US.The Brisbane-based fund manager has formed a joint venture with Student Quarters, an independent student housing investment manager with approximately 5000 beds under management.More