Wed, Jun 20, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

JP Morgan survey sees major shift in investors sentiments and reallocation of assets in hedge funds

Friday, September 17, 2010

From Precy Dumlao, Opalesque Asia:

The latest survey conducted by JP Morgan Prime Brokerage, JP Morgan’s brokerage unit, showed that while 2010 will see net inflows, the hedge fund industry is experiencing the early stages of a massive reallocation of existing capital driven by a major shift in investors sentiments.

In a 34-page report titled”Tectonics: Shifting Investor Sentiment and the Implications for Hedge Fund Managers,” JP Morgan surveyed 300 institutional investors for its 7th annual Institutional Investor Survey. The result was intriguing, as the majority of those polled said they were changing their attitude towards hedge funds.

An overwhelming majority (97% of the respondents), indicated they had plans to make new allocations to hedge funds this year, and at least 60% said they would increase the size of their average allocation. However, the net inflows will be modest as asset flows remain at or below their historic averages.

“Many investors we surveyed continue to deal with the overhang of the financial crisis. Many suffered substantial erosion of their capital bases, and nearly all of the investors we spoke with redeemed some portion of their hedge fund investments in 2009. But we found reasons to be optimistic as well. Respondents recognized that hedge fu......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Paper: The performance of stocks actively pitched by hedge funds[more]

    Using a novel dataset drawn from investment conferences from 2008 to 2013, I show that hedge funds take advantage of the publicity of these conferences to strategically release their book information to drive market demand. Specifically, hedge funds sell pitched stocks after the conferences to ta

  2. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  3. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a

  4. News Briefs: David Stemerman's hedge fund holdings shrank before his run for governor, nvestment manager TSW triggers succession plan, Alan Howard joins Peter Thiel investing in Cologne-based fintech startup[more]

    David Stemerman's hedge fund holdings shrank before his run for governor But the U.S. holdings of Stemerman's Greenwich hedge fund, Conatus Capital, shrank from $2.6 billion at the apex to just over $1 billion before he announced his move into politics. (Hartford Courant) Inv

  5. British Empire: Pershing's 23% discount 'unsustainable'[more]

    From Citywire: The wide discount on Pershing Square Holdings (PSH) is 'unsustainable' and puts star hedge fund manager Bill Ackman under pressure, says British Empire (BTEM). Pershing is the third largest holding in the £850 million British Empire trust, managed by Joe Bauernfreund, which sp