The report, which is based on face-to-face interviews with family offices, wealth managers, insurance companies and private banks in early September, finds that more than half of fund selectors in the Bavarian capital plan to increase their absolute return allocations over the next 12 months.
While Expert Investor Europe has recorded similar levels of demand for uncorrelated strategies in other European markets in 2013, such as Sweden and Italy, the result represents a significant rise in appetite for Munich.
At last year’s Expert Investor Deutschland conference, for example, just a quarter of professional investors expected to boost their absolute return allocations, on a net basis.
Platinum members can read the full Market Insight report here.
If you are a fund selector and would like to attend the Expert Investor Deutschland event in Munich on 23 October, please contact Matt Darczynski by email or on +44 20 7065 7576.