Sun, Nov 23, 2014
A A A
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. Regulatory - Stringent rules for hedge funds make the financial system fragile[more]

    From FT.com: …It is one thing to impose a regulatory burden when there is a clear need to do so. Banks are underwritten by taxpayers via deposit insurance as well as the too-big-to-fail safety net; they need to be reined in, and if they shrink as a result, that may be welcome. But it is another thin

  2. Investing - Apple: Hedge funds are crazy about it, Greenlight Capital took stake in Citizens Financial after IPO, Tiger Global added to Hertz, exited Dollar General last quarter, Oberweis sells NQ Mobile stake as Valiant adds shares, Whitney Tilson sticks to losing bet on MagicJack shares, Brigade Capital backs €90m Quinn sale[more]

    Apple: Hedge funds are crazy about it From Techinsider.net: Apple Inc. is still the most popular stocks among hedge funds. According to a recent report by hedge fund tracking site Insider Monkey, more than one out of 5 hedge funds are invested in Apple Inc. At the moment there are

  3. Greenlight Re CEO says hedge fund reinsurance strategy buzz is validating[more]

    From Artemis.bm: The attention being paid to the hedge fund reinsurance business model and the fact that others are now looking to leverage bits of it within their own strategies, is validating for reinsurer Greenlight Capital Re, according to CEO Bart Hedges. There has been an increasing buzz

  4. Legal - Hedge fund manager fights £8m tax tribunal ruling[more]

    From FT.com: A hedge fund manager who may have to repay £8m in tax is trying to overturn a tribunal ruling that found he had attempted to shelter millions in an avoidance scheme. Patrick Degorce, chief investment officer at Theleme Partners, lost a tax tribunal case last year. HM Revenue & Customs c

  5. Europe - Hedge funds face exit tax as Iceland central bank discusses plan[more]

    From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca