Tue, May 31, 2016
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. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit

  2. Investing - Billionaire Wilbur Ross likes the look of Chinese bad loans, Hedge funds are still relevant in a diversified portfolio: 4 fundamental criteria for superior manager selection[more]

    Billionaire Wilbur Ross likes the look of Chinese bad loans From Bloomberg.com: U.S. billionaire Wilbur Ross said he’s considering investing in nonperforming loans in China, as Moody’s Investors Service said that the nation has the tools to prevent a financial crisis in the near term. I’

  3. Investing - Blackstone gives pricey Canadian energy and property thumbs down, One of the most concentrated hedge fund bets is getting crushed, Facebook is hedge funds' new tech darling,[more]

    Blackstone gives pricey Canadian energy and property thumbs down From Bloomberg.com: Canada’s energy assets are uneconomic and real-estate markets overvalued, making them less attractive for investment than in the U.S. and elsewhere, according to Tony James, president of Blackstone Group

  4. Study - Only 30% of institutional hedge fund portfolios beat the benchmark[more]

    Bailey McCann, Opalesque New York: A new study from CEM Benchmarking, an independent provider of cost and performance analysis for pension funds, shows that only 30 percent of institutional investors hedge fund portfolios beat the benchmark after fees. The study provides in depth analysis of real

  5. Opalesque Exclusive: $1bn hedge fund club grows to 668 managers, continues to dominate (Part One)[more]

    Komfie Manalo, Opalesque Asia: Despite an underwhelming 2015 and a slow start to 2016 in terms of performance, one group of managers that continues to dominate the assets of the hedge fund industry is the so called $1bn club – hedge fund managers with at least $1bn in assets under management (AU