However, the category fixed effects in model 5 do differ in some ways from those of models 2-4, with significant coefficients for emerging markets, equity market neutral
, and multi-strategy, as well as for managed futures, suggesting significant differences between the full graveyard sample and the subsample of funds with status code 1.
After a strong year of performance, equity market neutral
strategies are expected to be amongst the best performers in 2016, and are also the most in-demand.
It said equity market neutral
strategies were expected to be among the best performers in 2016 following strong performance last year.
However, with hedge funds, they are bullish on equity market neutral
strategies, which he says do well in markets with larger dispersion.
By launching PTR-Agora, an equity market neutral
fund with a long/short investment approach, Pictet Asset Management (Pictet AM) has enlarged its Total Return fund range.
Global equity markets were broadly impacted by the increase in risk aversion, with weakest areas of performance in Fundamental Growth only partially offset by gains in Short Biased and Equity Market Neutral
Certain managers in Equity Market Neutral
and Relative Value strategies believe that the increase in market volatility may continue and will likely favor securities pickers who perform fundamental analysis.
The new funds complement two existing American Century-managed funds, Equity Market Neutral
and Market Neutral Value, which will be rebranded with the AC Alternatives name, the fund firm says.
The firm added that fundamental equity long/short, fundamental equity market neutral
and event driven are the top three most sought after alternative '40 Act mutual fund strategies over the next 12months.
Equity Market Neutral
managers were also up in September.
The three most-cited quantitative strategies by respondents were commodity trading advisor, quant equity market neutral
and quant equity.
The Fixed Income Arbitrage and Equity Market Neutral
sectors experienced the largest asset inflows on a percentage basis, with inflows in November equal to 2.