The first quarter of 2019 certainly ended with a brighter outlook than could be seen when it began. The resolution of several uncertainties and clear signals of support for the economy coming from central banks are reviving attraction to and appetite for risk assets. Does that mean it's time to start changing portfolio allocations?

A decade after the financial crisis, the uncertain economic conditions it ushered in are starving Europe's investors of returns. We believe this makes our approach to long/short equity investing more valuable than ever.

To achieve long-term returns comparable to those of investment-grade credit but with a consistently lower level of risk, CPR AM has chosen to combine the DTS risk measure with a rigorous specific risk control and structural sources of return to enhance performance...

As the first quarter of 2019 is coming to an end, we discuss recent hedge fund performance and our midterm outlook for hedge fund strategies.

In a context where monetary conditions are more accommodative and sovereign bond yields are back to low levels, it seems appropriate to re-weight carry strategies such as EM-focused Global Macro and L/S Credit.