Wed, Apr 25, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

UCITS funds see steady increases in market demand

Friday, January 24, 2014

Bailey McCann, Opalesque New York:

Much of the reporting on UCITS tends to focus on performance drag, high fees, and high costs to bring a UCITS product to market. Despite this, delegates at the recent Opalesque Zurich Roundtable say that UCITS represent one of their fastest growing market - with demand exceeding current capacity in some cases.

"We continue to see strong interest for alternative UCITS, which has been our fastest growing product segment over the last two years. This reflects on one side the shift in demand from offshore to onshore funds – both private and institutional investors increasingly see UCITS as their preferred way to access sophisticated alternative strategies, because of the liquidity, higher level of investor protection and transparency offered by this fund format," explains Daniel Durrer, Head of Institutional & Fund Distribution (Continental Europe), GAM. GAM is a London-based investment firm with approximately $123.2bn in assets under management.

Much like the transition hedge funds are making into '40 Act structures here in the US, delegates note that shifting into the UCITS wrapper requires careful evaluation of a strategy to ensure integrity and performance. Strategies that capture a liquidity premia for example, are ill-suited for the UCITS structure. The same could be said for certain types of credit strategies at the '40 act structures i......................

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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its