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Beverly Chandler, Opalesque London: Advent Software has identified what it believes to be five key trends for alternatives over 2013. It writes that in 2012, the global alternative investment
industry continued to grapple with the
Eurozone debt crisis, a slowing of growth
in Asia and the sluggishness of the US
recovery. "European funds saw mixed
results in a volatile market trying to come
to grips with uncertainty in Greece and
Spain. In Asia, hedge funds saw a return to
positive performance following the previous
year’s negative numbers, yet many
funds in the region shut down and more
may follow. US funds, too, bounced back
from a down year, although overall performance has thus far lagged the
S&P 500. Hedge fund capital invested in emerging markets reached record levels".
Further challenges to funds have come as they have had to assimilate and adjust to the regulatory tentacles of Dodd-Frank
in the US and Europe’s AIFM Directive and EMIR. "Five years later, the effects of 2008 still reverberate" Advent says.
Based on conversations with alternative investment clients, including hedge funds, administrators and
prime brokers, as well as internal consultants, the firm has identified the top
five trends affecting the alternative industry in 2013. "While not scientific, these predictions are based on
what we’ve heard from our investment management clients as well as the opinions of our own subject
matter experts" they say....................... To view our full article Click here
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