With only about 12% of the distressed debt maturing within the next two years, liquidity pressure is likely to remain benign. Meanwhile, the number of issuers seeking a maturity extension, amendments or waivers to their financial covenants remain tame.

Preqin launches its second annual Alternatives in Europe report in partnership with Amundi, which examines the alternative assets industry's most diverse region, and for the first time provides a breakdown of the sector in each major European country.

Systematic Global Macro and CTAs are often associated because many strategies are multi-asset, global, and have a top down investment process. Benchmark indices tend to pool them together.

LGT European Capital announces the final close of Crown European Private Debt II S.C.Sp. (CEPD II), with total subscriptions of EUR 1.35 billion (original target of EUR 800 million). The program's investor base consists of more than 60 institutions, including pension funds, insurance companies, endowments and family offices...

EM-focused Global Macro strategies also outperformed other hedge fund strategies since the beginning of the market turmoil. They managed to deliver slightly positive returns in May according to the Lyxor UCITS Peer Group.