{"id":417551,"date":"2026-02-10T06:55:17","date_gmt":"2026-02-10T06:55:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/417551\/"},"modified":"2026-02-10T06:55:17","modified_gmt":"2026-02-10T06:55:17","slug":"the-striving-of-federation-asset-management","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/417551\/","title":{"rendered":"The striving of Federation Asset Management"},"content":{"rendered":"<p>Federation Asset Management \u2013 the investment house of ex-Macquarie fast talker Cameron Brownjohn \u2013 has been the subject of much unwanted press attention in recent weeks after a catastrophic risk management failure led to swingeing losses for the clients of both its retail funds.\u00a0<\/p>\n<p>For those who missed this, Federation&#8217;s Alternative Investments II fund <a href=\"https:\/\/www.afr.com\/technology\/ex-macquarie-execs-investment-firm-took-catastrophic-risk-on-sendle-20260122-p5nwba?ref=rampart.news\" rel=\"nofollow noopener\" target=\"_blank\">sank<\/a> a positively idiotic 65 per cent of its total assets into Aussie logistics business Sendle, which is now being liquidated after a failed merger. Federation&#8217;s first alternatives fund was also invested in Sendle, though not to the same kamikaze extent. Redemptions from the second fund have been gated since November.\u00a0<\/p>\n<p>I&#8217;d never heard of Federation until nearly 12 months ago, when someone sent me the incredibly ropey claims of investment performance featured on its website. I didn&#8217;t bother writing anything about it because I doubted my readers would particularly care about such a two-bit shop. Now I wish I had.\u00a0<\/p>\n<p>Federation trumpets that its &#8220;team members have achieved an annualised return of 22.7 per cent on over $4 billion of realised investments since 2011, akin to trebling investors&#8217; capital every five years&#8221;.\u00a0<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/02\/Federation-performance.png\" class=\"kg-image\" alt=\"\" loading=\"lazy\" width=\"1762\" height=\"485\"  \/><\/p>\n<p>There is a great deal defective about this claim, not the least of which is that Federation was only established in 2018. For those mystified \u2013 as I was \u2013 by the impossibility of this feat, the Wayback Machine helpfully <a href=\"https:\/\/web.archive.org\/web\/20240129001234\/https:\/federationam.com\/about-us\/performance\/\" rel=\"nofollow noopener\" target=\"_blank\">contains the answers<\/a>.\u00a0<\/p>\n<p>    You need a paid subscription to unlock this article.<\/p>\n<p class=\"content-cta__description\">&#13;<br \/>\n       &#13;<br \/>\n        You can\u2019t afford not to&#8230; &#13;\n      <\/p>\n<p>        <a href=\"https:\/\/www.rampart.news\/membership\/\" class=\"btn btn--brand mb\" rel=\"nofollow noopener\" target=\"_blank\">&#13;<br \/>\n          Subscribe&#13;<br \/>\n        <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Federation Asset Management \u2013 the investment house of ex-Macquarie fast talker Cameron Brownjohn \u2013 has been the subject&hellip;\n","protected":false},"author":2,"featured_media":417552,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,4176,4174,4175,56,54,55],"class_list":{"0":"post-417551","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-personal-finance","11":"tag-personalfinance","12":"tag-uk","13":"tag-united-kingdom","14":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/417551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=417551"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/417551\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/417552"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=417551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=417551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=417551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}