20/01/2012 Author: Tony Griffiths

Global Macro and CTA Ucits set for inflows

Global macro and CTA strategies are poised to see the biggest inflows among Ucits hedge funds in the first quarter of 2012, new research suggests.

The 5th edition of the quarterly ML Alternative UCITS Barometer, from ML Capital Asset Management, found that Global Macro-Discretionary funds were attracting the most interest from Ucits hedge fund investors, with 54% of its respondents looking to increase their exposure.

Global and US equity managers are also attracting attention, the data suggested. Global Emerging long/short was the most popular equity strategy, attracting interest from 52% of those polled.

The ML Barometer also noted a stabilizing in a recent trend towards investors lowering their exposure to UK long/short equity managers, although the strategy, along with European long/short, remains among the least popular draws.  

“Investors are starting 2012 with a positive view and recognize the benefits of using alternative strategies in a volatile environment,” said John Lowry, Co-Founder and Chairman of ML Capital.

ML Capital surveyed a diverse range of 50 active investors in alternative investments, who collectively manage over €80bn ($103.4bn) and invest upwards of €30bn ($38.8bn) of those assets into alternative Ucits.