The NSW Department of State and Regional Development will lead a financial services trade mission to New York City, the world’s financial capital, and Boston in June.

With capitalisation of more than $1.3 trillion, Australia is fourth in the world for value of funds under management.

The US provides opportunities for fund-to-fund investment relationships between Australian fund managers and global funds management institutions in New York City and Boston.

The mission is suitable for companies and consultants who want to enhance their knowledge of the global funds management market and encourage fund-to-fund investment flows with US and global hedge and mutual funds.

Chief investment officers, head strategists, head traders and senior fund managers from superannuation, retail, hedge and mutual funds management organisations are invited to apply to participate.

The mission runs from 9 to 13 June and includes in-market briefings, individual appointments with potential investment partners, networking functions and a visit to the New York Stock Exchange.

A briefing on the mission will be held on 17 April. Applications for the mission close on 4 April. For more information call 02 9338 6652 or email crista.bracamonte@business.nsw.gov.au.