Société Générale
May 25, 2026
Spring Investor Sentiment Survey Report
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Societe Generale’s Spring 2026 report highlights a record 60% investor preference for Discretionary Global Macro strategies, alongside rising SMA adoption and cooling interest in ESG.
Key Takeaways
- 1.Discretionary Global Macro is the top-ranked strategy for new allocations, with 60% of investors expressing intent to allocate, marking a historic high for the strategy.
- 2.Hedge fund allocation via Separately Managed Accounts (SMAs) is seeing significant growth, particularly in the Americas where preference rose to 49%.
- 3.Institutional interest in ESG-related alternative investments has declined globally to 12%, down from 16% a year ago.
Table of Contents
- Allocator types and portfolio assets
- Allocation plans
- Strategy interest over time
- Separately Managed Account ("SMA") Adoption
- Environmental, Social and Governance ("ESG") Relevance
- Conclusion
- CONTACT INFORMATION
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Authors
David ReganSamantha Sambrook
Themes
Institutional Allocator SentimentHedge Fund Strategy PreferencesOperational Structure (SMA vs Commingled)ESG Retrenchment
Regions
North AmericaEuropeAsia PacificUnited States
