Wed, Nov 25, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Some European institutions look to alternatives to boost returns, Greenwich survey finds

Thursday, November 08, 2012

Beverly Chandler, Opalesque London: A study by Greenwich Associates entitled the 2012 Continental Europe Investment Management Study shows that European institutions feel trapped and stymied by new regulations, unable to find ways to improve portfolio returns in a challenging investment market.

European institutional investors are coming under increasing pressure by historically low interest rates and the protracted European sovereign debt crisis, the firm writes. "Perhaps one exception is the Nordics where policy makers have been working with the industry on finding some flexibility for investors to meet long-term funding requirements" Greenwich says but finds that in the rest of mainland Europe the dual impact of low interest rates and a troubled European government bond market has depressed returns on fixed-income investments, a fact that Greenwich finds is a hard blow to institutions whose portfolios are dominated by bonds in general and sovereign bonds in particular.

"Regulations and regulatory uncertainty have caused institutions throughout much of Continental Europe to put off or limit alterations to investment strategies that would diversify their portfolios away from European government bonds and other fixed-income investments," says Greenwich Associates consultant Marc Haynes. "In o......................

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. Investing - BlackRock targets ETF investors with flexible currency hedging, Nelson Peltz bets on General Electric Company and Mondelez International, Apple plummets to 4th place among hedge holdings, from No. 1, Top Q3 equity purchases and sales of top 50 hedge funds[more]

    BlackRock targets ETF investors with flexible currency hedging From BlackRock Inc., the world’s largest asset manager, is changing course on exchange-traded funds that protect against currency volatility. After stressing the easy switch between hedged and unhedged ET

  2. Chicago-based Achievement A. M. is shutting down hedge fund following losses[more]

    Komfie Manalo, Opalesque Asia for New Managers: Achievement Asset Management, a Chicago-based hedge fund firm, has announced it is closing down its hedge fund operation following losses on energy market bets this ye

  3. Lyxor Hedge Fund Index up 0.1% (+0.4% YTD) as global macro and CTAs outperform[more]

    Komfie Manalo, Opalesque Asia for New Managers: Global macro and CTAs outperformed the hedge fund space and delivered positive returns last week amidst difficult market conditions, with the Lyxor Hedge Fund Index up

  4. BlackRock is shutting down its Global Ascent macro fund[more]

    Komfie Manalo, Opalesque Asia: BlackRock, the world’s largest asset manager, has announced plans to shut down a macro fund, Global Ascent Fund, because of "headwinds facing the industry". The hedge fund, which makes bets on stock, bond and currency markets, will return money to investors. Ac

  5. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the