Institutional investors favour global macro strategies

Global macro strategies continue to be the most favoured strategy by institutional investors globally, finds Credit Suisse’s mid-year hedge fund investor sentiment survey.

The ability to capitalize on macroeconomic opportunities, such as a potential U.S. Federal Reserve rate increase, appears to be driving its popularity, says Robert Leonard, managing director and global head of capital services at Credit Suisse.

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Event driven remained the second most popular strategy among global investors surveyed, while appetite for equity long/short increased to third, after ranking fourth in the annual survey.

Interest in multi-strategy had one of the biggest positive swings, moving from 14th place to sixth place in the mid-year survey.

“Despite ongoing volatility in the global marketplace, institutional investors remain steadfast in their approach to hedge fund allocations,” he adds.

More than 200 global institutional investors representing nearly US$700 billion in hedge fund investments participated in the survey.

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