新闻中心/瑞联卓见

近两年来，人工智能板块一直是推动全球股市回报的最强劲动力。它推高了股指，使少数几只超大盘股主导了市场走势，而市场上的其他大部分个股则在其阴影下交易。

人工智能一直是推动市场的主要动力之一，不仅提振了传统资产的表现，也提振了对该领域有投资敞口的对冲基金等另类投资工具的表现。在此，UBP另类投资解决方案（AIS）联席负责人兼首席投资官基尔·博利（Kier Boley）就这一问题分享了他的见解。

UBP and Brigade formed their partnership in response to a clear, bottom‑up demand from UBP’s investment teams for a new, dedicated long/short credit strategy.

Campbell is a systematic investment manager founded in 1972, the very same year UBP began investing in hedge funds, marking a parallel legacy of early innovation in alternative strategies.

In a traditional ‘balanced’ portfolio, equities often account for 50% or less of the allocation. Yet factor analysis reveals that nearly 80% of the risk stems from the equity factor.

In an environment marked by the return of inflationary tensions, the rise of AI, and the reshaping of geopolitics, Michaël Lok believes that markets are entering a new cycle.

Our hedge fund insights this quarter is an update on our previous report on how market volatility impacts systematic and now discretionary strategies in 2026. 

An introduction to multi-strategy. Over the past ten years, the multi-strategy sector has become the most popular area within the hedge fund (HF) universe, as well as a top destination for investor flows.

Market conditions improved during the fourth quarter as investor focus shifted away from trade-related risks and toward the supportive effects of fiscal stimulus and a stabilising monetary policy outlook.