Fri, Apr 25, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Opalesque UCITS intelligence

Strategies In Demand in 2013: Perspectives of the UCITS platform

Friday, May 03, 2013

Perspectives of the UCITS Platforms

According to Paul Holmes, Head of Fund Distribution at Bank of America Merrill Lynch, the investor demand has increased for equity or risk orientated funds in recent quarters. They believe that this demand is consistent with the somewhat more positive macro backdrop. Also activity in the Event-Driven space is moving forward on the back of a pick up in corporate activity. Finally Paul Holmes sees the search for yield is still very real - with huge interest in a newly launched Diversified Credit fund. They also confirmed that multi-strategy space - which saw the largest flows for us last year still continues to attract interest.

In early April, ML Capital launched a survey of 49 investors investing in $19bn in Alternative UCITS. Results show 65% to increase allocations to Global Emerging Markets and 51% wanted to increase in Global Long Short Equity. “Sentiment has been very clear; investors have begun to make a big return to equities and intend to continue to do so in the coming quarter” states John Lowry, Chairman of ML Capital.

Morgan Stanley confirms the appetite for Equity Long/Short with sector specialists or with directional views and volatility. Credit is in fashion and CTA and Macro are seen as less in demand.

According to Lyxor, the ongoing normalisation of markets observed during Q1 2013 has created a favourable environment for CTAs after a challenging year in 2012. In particular, the better trading environment with the return of trends combined with the decrease of correlations between asset classes is proving helpful. Moreover, Lyxor notes that investors continue to search for attractive and stable yield in a low-rate environment. In this field, the event driven space is offering investment opportunities and especially in the credit market, where the expertise and the experience of the manager are critical to deliver alpha.



 
This article was published in Opalesque UCITS intelligence.
Opalesque UCITS intelligence
Opalesque UCITS intelligence
Opalesque UCITS intelligence
Banner
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: Rainwater and Blue Sky - an Australian water fund emerges[more]

    Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

  2. Regulatory – Expect greater SEC scrutiny of hedge funds that share information or collaborate in advance of their trades, Alternative funds to get SEC test for leverage, liquidity[more]

    Expect greater SEC scrutiny of hedge funds that share information or collaborate in advance of their trades From Thelawyer.com: A recent Wall Street Journal article — ‘Activist investors often leak their plans to a favoured few’ — focused attention on ‘activist’ investors and stock analy

  3. …And Finally – This week's least competent criminal is Austrian[more]

    From ABCnews.go.com: A German sought by authorities for alleged fraud has been arrested in Austria — after dropping into a police station to ask officers whether he was under investigation. Police in Salzburg said the 59-year-old man walked into a police station in the city on Friday night. Sp

  4. Investing – Hedge funds find pitfalls along with profits in real estate ventures, Marcato Capital Management makes new bet on Dillard’s[more]

    Hedge funds find pitfalls along with profits in real estate ventures From Law360.com: Hedge funds have joined the rush to real estate deals and development in recent months to close the financing gap left by tightening bank standards, but attorneys say many aren't prepared for the disclo

  5. Agecroft Partners estimates 90% of hedge funds using social media[more]

    The use of social media has increased significantly within the hedge fund industry over the past couple of years. Social media is broadly used by investors as part of their due diligence process on hedge funds, by service providers in their sales efforts to hedge funds, and by hedge funds to enhance