Tony Griffiths is part of Cerulli Associates’ European institutional research team, writing across a range of global and European research journals and reports. Prior to joining Cerulli, he spent six years as a financial services trade journalist in London, most recently as the editor of global hedge fund publication HFMWeek.
UCITSindex.com: You recently published the European Alternative Products and Strategies (EAPS) 2016 report. How did you gather the data and what were your key findings?
Tony Griffiths: Interest in alternative beta and strategies offering an illiquidity premium played prominent roles in EAPS 2016 – our first annual alternatives report outside North America – but it was clear early on that alternative UCITS was going to be the star of the show. If the appetite for such funds was no real surprise then the scale and range of said appetite was. No longer is alternative UCITS purely the domain of private bank clients: asset managers will now find increasing interest among institutional investors, notably conservative continental allocators looking to replace the once high yields of their debt holdings, and insurers, more generally, keen to reduce the capital charge for alternative strategies under Solvency II. Read More