Opalesque Industry Update - MondoAlternative reported that:
Stefano Gaspari, CEO at MondoAlternative says: “Concerning the flows in the alternative UCITS sectors the winning strategies of the third quarter 2012 are Macro, Volatility trading and Credit long/short, the same strategies leading the flows ranking since the beginning of the year. This means that the search for uncorrelated strategies is still on its way. Liquidity terms seem not to be a particular concern for investors now, given that weekly funds were the most successful in terms of asset gathering”. “Quite interesting is also the data showing that, like what happens for hedge funds, biggest funds are the sole responsible for asset inflows in to the sector. According to our data, in fact, funds managing more than 500 Euro million raised almost 1.4 Euro billion, while smaller fund lost 0.7 Euro billion”. “We are the sole information provider computing Asset Weighted Indices (thanks to the collaboration with Eurizon Capital Sgr), which gives an idea on how the biggest funds perform compared to the smallest ones. Interesting to see, in 2012 the Asset Weighted index is outperforming the Equal Weighted one by 47 basis points, thus overtaking Libor by 164 basis points, a good result for absolute return products so far.” Other findings of the report
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Industry Updates
MondoAlternative UCITS report shows inflows to single manager funds increased over third quarter
Thursday, November 08, 2012
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