Fri, Oct 31, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Aquila survey of German institutional investors on alternatives reveals importance of UCITS

Wednesday, September 15, 2010
Opalesque Industry Update – A survey conducted by Schleus Marktforschung on behalf of Hamburg based alternative asset manager Aquila Capital revealed a stark divide between those German institutional investors who are already investing in alternatives as an asset class and those that aren’t.

74% of respondents who don’t already hold alternative investments in their portfolios intend to stay away from the asset class, but interestingly, 70% of investors who already hold alternative investments are planning additional acquisitions within the year.

According to the survey, 66% of institutional investors who are investing in absolute return funds use consultants to help them place their capital.

With 68% of investors surveyed stating that they are critical of their in-house research capabilities and know-how of alternative investment management, it is unsurprising that they would hire investment consultants in order to gain advantages of their network of contacts and access to high-return investments.

Perhaps the most interesting statistic is that 59% of German institutional investors confirmed that they consider UCITS compliance as an important criterion for allocating capital to absolute return funds. This is rather surprising considering that the UCITS directive was originally intended for the protection of private investors. However, 63% of respondents said that lack of transparency and limited liquidity are reasons why they decide against alternative investments, two issues which UCITS was explicitly created to address.

Commenting on the results of the survey, Aquila Capital CEO Roman Rosslenbroich said:

“The survey confirms a trend that Aquila Capital has pioneered from the beginning: the growing investor appetite for absolute return strategies, structured in a liquid and regulated fund format. Catering to this demand, we launched the AC Statistical Value Market Neutral fund (SVMN) in early 2008 as one of the first UCITS III absolute return funds. Just like a proof-of-concept, SVMN has seen significant growth and is now over 500m EUR in size - I am certain that a portion of this success can be credited to its highly liquid and transparent structure.”


(press release)


Aquila Capital is a dynamic alternative investment company with $2.9bn under management, specializing in next-generation absolute return and real asset investment strategies including, but not limited to UCITS-III compliant funds. The company’s success is built on identifying and delivering market independent and uncorrelated investment solutions.

Aquila Capital’s uniquely qualified investment specialists have been among the first to identify global trends and transform them into alternative investment and real asset strategies, supported by innovative and custom-tailored managed account solutions.

Aquila Capital was founded in 2001 by Roman Rosslenbroich and Dieter Rentsch, who both have extensive experience in the international asset management arena. With over 50 investment specialists at Aquila Capital, the Company is head-quartered in Hamburg and supported by regional offices in Frankfurt, Munich, Cologne, Zurich and Vienna as well as the group’s structuring arm, Alceda Fund Management S.A. in Luxembourg.

Aquila Capital is authorized and regulated by the BaFin, the German financial services authority.

Alternative investment strategies managed and structured by the group include multi strategy funds, managed futures, market neutral , distressed and emerging market strategies. Real assets funds include agriculture, climate change, renewable energies, forestry and shipping. www.aquila-capital.de


See this summer’s Opalesque video interview of CEO Detlef Schoen here: Source,
and our August-2010 Opalesque Exclusive: Investing in agricultural land is the way to go - Part Two Source


Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Macks aim to raise $750m for real estate debt fund[more]

    From Therealdeal.com: Father-son duo William and Richard Mack and former Blackstone Group managing director Peter Sotoloff are starting a new real estate debt fund. Together, the trio hopes to raise more than $750 million for the private equity fund, according to the Wall Street Journal. The fund wi

  2. Manager Profile - Seth Klarman: Lessons for retail and institutional investors[more]

    From Valuewalk.com: Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost some

  3. North America - FATCA leads 75% of U.S. expats to consider dropping citizenship[more]

    From International-adviser.com: Nearly three quarters of American expats are considering the renouncement of their citizenship following July’s introduction of the “absurd” Foreign Account Tax Compliance Act (FATCA). The findings, which were revealed in a survey by deVere, come alongside the news th

  4. New app allows asset managers easy interaction with portfolios, securities, holdings, transaction details[more]

    Komfie Manalo, Opalesque Asia: Global financial services software company SS&C Technologies Holdings has launched Explorer, a powerful data visualization and analysis tool that turns critical investment data into meaningful information. Explore

  5. Opalesque Exclusive: Mariner’s new healthcare mandate applies strategic approach across pharmaceutical and biotech sectors[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A team of two was hired in February this year t