Mon, May 25, 2015
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. Comment - Top hedge fund managers talk about how easy their jobs have gotten, BlackRock to Schroders warn of Argentina’s $20bn bond glut, The 35-year “investment supercycle” is drawing to a close, says Bill Gross, Gundlach: When the Fed starts hiking rates, 'GET OUT' of this asset class[more]

    Top hedge fund managers talk about how easy their jobs have gotten From Businessinsider.com.au: Time was, before the financial crisis hit, corporate boards treated multi-billion dollar hedge fund managers like Jehovah’s Witnesses pounding on their doors and flashing bibles. But no more.

  2. T Rowe's challenge to Dell deal may fuel critics of 'appraisal'[more]

    From Reuters.com: An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker. The strategy, known as "

  3. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  4. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  5. New market regime has created more dispersion between managers[more]

    Komfie Manalo, Opalesque Asia: The month of April has marked the transition toward a new market regime, Philippe Ferreira, Lyxor AM’s head of research, managed account platform, commented in the May 5's Weekly Briefing. "The first quart

 

banner