Thu, Jun 20, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Alternative Market Briefing

Investors cut Europe exposure in May - eVestment
Thursday, June 21, 2012

Bailey McCann, Opalesque New York: New may data released from research firm eVestment Alliance shows that investors sharply cut their European exposures. Investors redeemed an estimated $9.3bn from funds located in Europe in May and $9.1bn from funds investing primarily in Europe. Funds located in Europe have total AUM of $660.9bn versus $187.3bn in funds with dedicated Europe exposure.

"There appears to be concern among investors that events in Europe and the declining economic data in the U.S. will meaningfully impact emerging markets, particularly on the equity side. The persistence of the current slide of investor assets from EM funds is unlike any we have seen since tracking fund flows back to 2003 and is only eclipsed in magnitude (but not duration) by redemptions during 2008 and 2009," writes Peter Laurelli, Vice President and head of hedge fund research, in the report.

Despite the majority of the count of mid-sized funds having inflows, both mid and small funds experienced net investor outflows during May, according to the report. While large funds accounted for virtually all of the net investor inflows during the month. This continues a trend seen throughout 2012 and is further evidence of consolidation of AUM among the largest firms in the industry.

Investors continue to seek credit and macro strategies over equities, reflecting an equity market crunch that has been an ongoing theme for several weeks. Overall, investor inflows turned positive indicating ......................

To view our full article Click here
Article link
Banner
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. GAIM delegates hear fund of funds fees are increasingly discounted[more]

    Beverly Chandler, Opalesque London: Reporting from the GAIM conference in Monaco, CooConnect finds that funds of funds are taking action over their fees. The site writes: "Funds of funds have insist

  2. Multifonds’ white paper reflects on the likely impact of AIFMD[more]

    Beverly Chandler, Opalesque London: Investment software provider Multifonds has published its white paper, entitled: The impact of AIFMD and convergence survey. Key findings from the survey include: 83% of respondents agree convergence o

  3. Swiss funds increased by CHF 100bn ($829bn) year on year[more]

    The Swiss Fund Association has announced that in May 2013, the volume of assets placed in the investment funds covered by the statistics compiled by Swiss Fund Data AG and Lipper reached around CHF 763 billion, a slight rise of CHF 2.6 billion month-on-month. This represents a marked increase of jus

  4. GAIM Conference – Hedge funds brace for renewed debt crisis, Hedge fund managers don hairshirts and ‘impact investing’ at Monaco meet[more]

    Hedge funds brace for renewed debt crisis From Indiatimes.com: The euro zone's debt crisis may be far from over, while Japan's money-printing gamble to revive its economy could destabilize global markets if it doesn't work, some hedge fund managers say. They are taking the view that the

  5. Trading species for conservation: "Mitigation Banking makes it possible for real estate developers to turn biodiversity into an asset instead of a liability - which ultimately makes it possible to preserve that biodiversity across the United States."
Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. Carlson
  2. Peak 6
  3. One William Street
  4. Securis
  5. Haymarket
  1. man group
  2. managed account
  3. Ucits
  4. asian hedge fund
  5. global macro