Mon, Aug 3, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Emerging hedge fund managers and specialist credit managers dominate fund raising in 2013

Monday, November 18, 2013

Beverly Chandler, Opalesque London for New Managers:

Vantage Point, the third party fund placement group, has reported on key trends in fundraising during the second and third quarters of 2013.

The group found that the rise in the US equity markets coupled with the Fed’s continued easing has pushed many investors, unable to find suitable yield, to shift their focus away from the credit markets and into equity strategies. They write: "One exception to this has been the interest in specialist credit managers such as European Distressed. In 2011 & 2012, some of the most desired strategies were Structured and Distressed Credit. Now, many of those same investors have filled these buckets with high performing funds and have spent much of 2013 looking for L/S Equity funds. Going into 2014, we have seen an uptick in interest for International Equity and European Equity managers."

The firm has seen an increase in appetite for higher beta strategies including L/S Equity and Event Driven. "Interest in these funds has very much mimicked the overall performance of the equity markets. We expect allocations to this space to continue through the end of the year into 2014" they write.

During Q2 and Q3, the firm has also witnessed an increase in appetite for specialized investment strategies. "Certain investors have filled their main portfolio buckets and have looked to managers focused on niche strategies to round out ......................

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. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

  5. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

 

banner