Thu, Nov 27, 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
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. Investing - George Soros puts $500m of his money on Bill Gross, Soros, Paulson backed Hispania Activos mulls Realia takeover, Ex-Credit Suisse trader’s hedge fund sees yen shorts as crowded, Hedge hunters double default-swaps as views split, Large hedge fund positions come under pressure, Vikram Pandit's fund picks 50% stake in JM Financial's realty lending arm for $87m[more]

    George Soros puts $500m of his money on Bill Gross From WSJ.com: Before Bill Gross was fully settled in at his new firm, Janus Capital Group Inc., he received an unlikely visit from the chief investment officer of famed investor George Soros ’s firm, according to a person familiar with t

  2. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  3. Europe - Hedge funds face exit tax as Iceland central bank discusses plan[more]

    From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca

  4. Opalesque Exclusive: Risk management emerges as a competitive focus area for hedge funds[more]

    Bailey McCann, Opalesque New York: Risk management has always been a core component of any trading strategy, as well as a critical part of business management. However, as macreconomic weakness persists, and alpha becomes increasingly hard to generate, risk management as emerged as a more promin

  5. Gross: Inflation is required to pay for prior inflation[more]

    Benedicte Gravrand, Opalesque Geneva: As inflation rises, every dollar will buy a smaller percentage of a good. While deflation will mean a decrease in the general price level of goods and services. These two economic conditions are both in the waiting room. The consensus would like the former to