Fri, Mar 6, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Absolute return UCITS funds assets reach $116bn, 58 new funds in H1

Thursday, September 29, 2011
Opalesque Industry Update -
• Assets under management in absolute return UCITS reach $116 billion (30 June 2011)
• $3 billion raised from 58 new fund launches in the first half of 2011
• London remains the dominant centre for absolute return UCITS

Global assets in absolute return UCITS funds have climbed by more than 150%, according to new research compiled by HedgeFund Intelligence.

Half year figures show that assets grew by 151% to $115.7 billion at 30 June 2011 from $46.1 billion at the same point the previous year. Absolute return UCITS are now a quarter of the size of the more mature European hedge fund industry, which had assets of $438 billion at 30 June 2011.

Some 58 new funds were launched in the first half of 2011, raising over $3 billion. The UK remains the capital of the absolute return UCITS sector with half of the assets under management being run by London-based firms.

Joy Dunbar, Editor of Absolute UCITS, comments: “Absolute return UCITS funds are continuing to mirror the ascent of the European hedge fund industry over a decade ago although there is still a lot of scope for growth.

“There are many challenges ahead for the fledgling sector, not least market volatility and changing European regulations. However, we expect the next few years to be a time of opportunity, where funds that consistently deliver alpha will have the chance to tap into the huge potential of retail investment.”

(press release)

Absolute UCITS is an only-online source of must-know information for the global fledgling absolute return UCITS space. The website is part of HedgeFund Intelligence – the leading provider of news, analysis and performance data on the global hedge fund industry.

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. SkyBridge opens office in Palm Beach County[more]

    Where better for a southern location than South Florida? SkyBridge Capital, which is headquartered in New York, has opened an office in Palm Beach Gardens. Palm Beach Gardens is a "Signature City" in northern Palm Beach County, with a population of around 49,000.

  2. Outlook - Philippe Jordan predicts 'alternative beta' to displace hedge funds, Stan Druckenmiller says Europe, Japan stocks will outpace U.S.[more]

    Philippe Jordan predicts 'alternative beta' to displace hedge funds From Investordaily.com.au: The disappointing performance of hedge funds in recent years is a result of "too much money chasing too little alpha", argues Capital Fund Management. Speaking to InvestorDaily, CFM partner Phi

  3. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  4. Outlook - 5 reasons why 2015 is looking like a breakout year for alternative investments, Hedge fund manager Dan Loeb predicts disappointment for funds seeking energy distress[more]

    5 reasons why 2015 is looking like a breakout year for alternative investments From Forbes.com: …After a strong 2014, the public markets have been off to a choppy start in 2015. This year, savvy investors may be looking for alpha elsewhere. For many institutions and high-net-worth indivi

  5. Event-driven strategies lead hedge fund gains in February while CTA rally shows signs of fatigue[more]

    Komfie Manalo, Opalesque Asia: Hedge funds ended February on a good note (+0.8%), confirming the positive momentum witnessed since the start of the year, reported Lyxor Asset Management in its Weekly Briefing. As of the end of February, the Lyxor He