New York (HedgeCo.Net) – Credit Suisse polled 185 institutional investors on their strategy and allocation activity for its mid-year Hedge Fund Investor Survey. 88% of institutional investors said that they plan to make additional allocations to hedge funds during the second half of the year.
In addition, respondents were asked to share their insights into whether they are planning to allocate, maintain or decrease allocations to various hedge fund strategies in the second half of this year.
The top 3 strategies that investors were interested in, in the US and Asia, were, Long/Short Equity- Fundamental (57%), Event Driven (47%) and Global Macro (39%)
“From this mid-year survey, it is clear that investors remain focused on long/short equity and event-driven strategies, particularly those involving fundamental approaches,” said Robert Leonard, Managing Director and Global Head of Capital Services at Credit Suisse.
Going into more detail, Credit Suisse said: “When evaluated on a gross basis (straight percentage increasing allocation), respondents believed that Long/Short Equity- Fundamental strategies are likely to see the most gross allocation activity in the second half of this year, with 61% of global investors surveyed indicating that they plan to allocate, followed by Event Driven, with 51% planning to allocate. Conversely, investors indicated that Commodities funds are likely to see the most redemption activity over the next six months, with 32% indicating that they plan to lower their allocation to the strategy, followed by Emerging Markets Credit, with 29% planning to reduce their allocation.”
Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
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