news

595 strategies from 282 firms added to eVestment in Q1 2022

5 April 2022
BY RUSS ELLIOTT | HEAD OF ASSET MANAGEMENT MARKET INTELLIGENCE

eVestment typically sees about 500 strategies added in a quarter, and Q1 2022 was above average with 595 strategies added from 282 firms. Of the 595 strategies added, 401 (68%) were actively managed strategies, and 114 (19%) were characterized by the underlying manager(s) as being a dedicated ESG strategy.

While certain criteria have to be met before a strategy is assigned to a specific universe (minimum track record, critical product attributes, etc.), of the products added in the first quarter, a total of 87 different universes were represented. It is critical for managers to provide complete data on their respective strategies as it will improve consultant/investor screening pass rate and research activity (viewership on a strategy).

This expansion was global, with reporting firms domiciled in 29 different countries. Firms based out of the US added the most strategies (312) followed by Canada (66). At least ten or more strategies were added by firms based out of Australia, France, Germany, Japan, Switzerland and the UK during the quarter. The managers listed in the table below added the most strategy profiles in the first quarter across those countries which, in aggregate, added the most strategies during the quarter:

Country# of Firms Adding StrategiesFirm Name# of Profiles Added
Canada66Industrial Alliance Insurance and Financial Services Inc.36
France42AXA Investment Managers &
BNP Paribas Asset Management (tie)
13
United Kingdom62Legal & General Investment Management4
United States312State Street Global Advisors75

Strategies Added in Q1 2022 By Asset Class

Asset ClassCount
Alternatives3
Balanced/Multi-Asset60
Equity288
Fixed Income157
Hedge Funds79
Real Estate8
Total Strategies Added595

Strategies Added in Q1 2022 By Asset Class & Region

Alternatives
Global3
Total Alternatives3
Equity
ACWI2
ACWI Ex-US11
Asia Pacific ex-Japan6
Australia4
Brazil1
China10
Denmark1
EAFE13
Emerging Asia1
Europe ex-UK4
Eurozone3
France2
Global86
Global Emg Mkts22
Global ex-Japan4
India5
Japan4
MENA1
North America3
Pan-European10
Russia1
South Africa1
United Kingdom4
United States87
Vietnam2
Total Equity288
Real Estate
EMEA1
Global2
Pan-European1
United Kingdom2
United States2
Total Real Estate8
Balanced/Multi-Asset
Asia Pacific1
Canada1
Global57
United States1
Total Balanced/Multi-Asset60
Fixed Income
ACWI ex-US4
Asia Pacific1
Asia Pacific ex-Japan1
Australia1
Canada9
China4
EMEA2
Eurozone18
Frontier Markets1
Global32
Global Emg Mkts13
Global ex-Japan1
MENA1
Nordic1
Pan-European3
Singapore1
United Kingdom6
United States50
Total Fixed Income157
Hedge Funds
Asia Pacific1
China3
EMEA1
Eurozone3
Global45
Global Emg Mkts1
India2
North America2
Pan-European1
South Africa1
United Kingdom2
United States17
Total Hedge Funds79

NOTE
It’s important to distinguish “date added” from “inception date.” Of the strategies added in Q1, inception dates ranged from 1982 to 2022, with 40 strategies incepted in Q1 2022. Managers may choose to wait to add a strategy for several reasons – often waiting until it hits a 3-year track record or another milestone. Many of the strategies added in Q1 had significant AUM, with 76 having more than $1bn as of Q4 2021.

Related News Article
Widespread Redemptions for Hedge Funds to End Q2
Subscribe to the eVestment Newsfeed

Get the latest news and investment insights delivered weekly straight to your inbox.