BNP Paribas has published its annual 2024 Alternative Investment Survey, which surveyed 238 allocators in December 2023 and January 2024 who invest or advise on $1.2 trillion in hedge fund assets. This amount represents about one-third of industry assets under management (HF AUM).
“BNP Paribas credit prime platform is well positioned to support the continued growth of credit strategies, as highlighted in our survey this year,” said Ashley Wilson, global head of prime services at BNP Paribas. “We have integrated repo into prime, enhancing our borrow and financing solutions, which will help our clients execute their strategies and deliver returns to their investors. We are encouraged to see more allocators considering quant multi-strategy, as these managers have clearly differentiated themselves in the past three years. However, limited capacity in these funds will remain an obstacle for investors akin to that of the larger multi-manager platforms.”
Marl