Tue, Dec 6, 2016
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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released