Tue, Feb 9, 2016
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. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  2. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  3. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  4. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  5. HFRU Hedge Fund Composite Index down -2.58% in January[more]

    Global financial markets posted sharp losses in January led by declines in Oil and global equities, though steep intra-month losses in both were narrowed by strong gains in final trading days of the month. Global equities posted steep declines for the month led by Biotechnology, Energy, Financial, E