Sat, Mar 17, 2018
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


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. Performance - Hedge fund mojo is back with investor hopes at six-year high, These hedge funds produce the most consistently great results[more]

    Hedge fund mojo is back with investor hopes at six-year high From Hedge funds on the heels of a surprisingly strong performance in 2017 are raising hopes for an encore. Investors expect their managers to return 8.5 percent in 2018, according to a Credit Suisse Group AG sur

  2. Investing - Hedge funds amass big bets against world's leading advertisers, Investor Elliott Management buys tiny stake in Wipro[more]

    Hedge funds amass big bets against world's leading advertisers From Hedge funds have amassed bearish bets of more than $3bn against the world's largest advertising companies in an attempt to profit as the industry undergoes ongoing wrenching disruption and slowing growth. Funds i

  3. News Briefs - Investcorp to launch a $100 million PE fund for Omani pension funds[more]

    Bahrain-based investment firm Investcorp will soon launch a $100 million fund dedicated to Oman's Pension Funds as part of its investment plan. 'The Opportunities Fund' will be focused on private equity investments in the U.S. and Europe and will target mid-sized companies across a broad range of se

  4. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/ Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  5. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t