Fri, Mar 27, 2015
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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

 

banner