Tue, Jul 29, 2014
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. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  2. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass