Fri, Jul 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Opalesque UCITS intelligence

Editorial

Friday, May 03, 2013

Sophie

NEW HOPES ?

After almost two years of low returns and a difficult macro environment, several surveys among investors and fund managers show new hopes for alternative investments and for Alternative UCITS.

We believe that investors are more mature in their expectations in terms of risk and return. They recognized that UCITS offer transparency and liquidity with low leverage, all elements that have a cost on performance.

Some strategies have always fitted into the UCITS format, while others have not.

Since 2010, fund managers have suffered from the total irrationality of the markets and the alternative risk on/risk off environment has certainly been one of the main challenges in keeping steady positive returns.

Alternative UCITS platforms are also an alternative to the fund of funds model, which is still under stress.

Factors for hope:

  • Less crowded universe of funds
  • Better performance
  • Longer track records
  • Additional talented managers

Stress factors:

  • Average performances in 2013
  • Low inflows
  • AIFs Funds as an alternative to Alternative UCITS
  • Additional regulatory constraints for fund managers

Private Banks (advisory and discretionary), fund of funds, asset managers, family offices, insurance/pension are invested in UCITS platforms, each of them matching different investment requirements in terms of liquidity, transparency, tax and capital efficiency.

Several investors met recently recognized that the universe of funds is larger, attracting talented managers, especially US key hedge funds.

Happy reading and looking forward to receiving your feedback !

Sophie
sophie@opalesque.com



 
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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New