Tue, Sep 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Assets of UCITS absolute return funds rise 28.9% in last 12 months

Tuesday, April 23, 2013

From Precy Dumlao, Opalesque Asia – Assets of UCITS absolute return funds rose 11.6% in the first quarter of 2013 to reach EUR 154bn ($200bn) or a jump of 28.9% compared to the same period last year, according to the latest quarterly research by Alix Capital, a Geneva-based investment company specializing in regulated alternative investments.

The provider of the UCITS Alternatives Index family of indices, added that UCITS absolute return funds assets now comprised over 30% of all assets managed in absolute return strategies including hedge funds across Europe.

Louis Zanolin, CEO of Alix Capital, commented, "The total assets managed in UCITS absolute return funds continue to grow during the first quarter of 2013 and now account for about a third of all assets using absolute return in Europe, including hedge funds. The requirement for regulated and tax efficient vehicles coupled to the uncertainties about the final draft of the AIFM Directive are pushing more and more funds to choose the UCITS framework for their absolute return funds. The portion of UCITS funds versus non-UCITS to will therefore continue to increase in the coming years."

A related report by the European Fund and Asset Management Association (EFAMA) in its latest Investment ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Institutions - North Carolina workers call on state pension to dump up to $6bn in hedge funds, UK pension fund criticizes hedge fund fees[more]

    North Carolina workers call on state pension to dump up to $6bn in hedge funds From Forbes.com: The State Employees Association of North Carolina this afternoon called on state Treasurer Janet Cowell to withdraw all investments in hedge funds, which appear to amount to approximately $6 b

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Institutions - Adviser's faith in hedge funds unshaken by CalPERS' move Advisers weigh in on CalPERS’ decision, Gina Raimondo sees no reason to follow California’s lead, exit hedge funds, Danish pension funds step up 'alternative investments'[more]

    Adviser's faith in hedge funds unshaken by CalPERS' move From WSJ.com: Financial advisers who use hedge funds in their clients' portfolios say they aren't rethinking that approach after a huge California pension fund announced plans to exit the hedge-fund market. The decision by the Cali