Outlook “bright” for hedge funds as industry seizes on surging volatility, JP Morgan Asset Management officials say Submitted By Hugh Leask | 31/07/2020 - 1:37pm The immediate outlook for hedge funds is “very bright”, with elevated volatility at an “optimal” level for macro and relative value strategies in particular, JP Morgan Asset Management’s alternatives team said this week. Jamie Kramer, managing director and head of the Alternatives Solutions Group at JP Morgan Asset Management, said many hedge funds were able to insulate investors’ portfolios during the Q1 market shock before taking advantage of rising markets during Q2’s rally.