Fri, Jul 25, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

European alternative UCITS see close to double in interest levels this month

Thursday, November 07, 2013
Opalesque Industry Update - The ML Alternative UCITS Barometer's major findings this month included bullish views on European L/S Equity strategies - Dramatic rebound in demand for European managers, almost doubling the interest levels over last quarter. Clearly the concerns over the economic woes of Europe appear to have abated, for now at least, and this is seen in the latest results which show very strong levels of interest for the sector. Interest for US L/S, while still relatively strong, appears to have peaked for now, with a slight drop off this quarter.

Investors returning to Emerging Markets - In stark contrast to the last barometer, investors are far more bullish on their outlook for EM equity hedge strategies this quarter. Almost half of all respondents are planning to raise their allocations to globally diversified EM products, up from 30% last quarter.

Are Multi-Strategy challenging Global Macro? - Demand for Global Macro-Discretionary appears to be waning, which is in contrast to the healthy gains in popularity for Multi-Strategy funds. This we believe is partly explained by the current scarcity of strong global macro products, in comparison to a healthy supply of Multi-Strategy products.

Commenting on the highlights of the latest Barometer, John Lowry, CIO of ML Capital said: “The bullish tones that we saw some evidence of in the last quarters barometer has been confirmed in the latest results . Investors are increasingly favouring equity strategies with a most notable pickup in interest for European and Global Long/Short strategies . Emerging markets are also returning to favour this quarter, with a very healthy bounce back in planned commitments from 30 % to almost 50 % . Amongst the other main sectors, the most interesting trends are in the Fixed Income, Multi - Strategy and Global Macro sectors which show very mixed results . Most positive is the continued and growing interest for Multi - strategy products . In stark contrast, arguably related, is the steady drop off in demand for Fixed Income products to its lowest ever level, since the barometer was created over three years ago .

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  4. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  5. Opalesque Roundtable: European family offices struggle to retain their investments in offshore hedge funds[more]

    Komfie Manalo, Opalesque Asia: The European Union’s Alternative Investment Fund Managers Directive (AIFMD) will constrain investment opportunities amidst concern a number of U.S. fund managers will stop marketing their products in the European Union under the new rule, said Valentin Bohländer fro