Tue, Nov 21, 2017
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. Middle East - Saudi-Iran war would create this domino effect of global disaster, Saudi billionaires said to move funds from region to escape asset freeze[more]

    Saudi-Iran war would create this domino effect of global disaster From CNBC.com: Events appear to be spinning out of control in the Middle East, and the threat a Saudi-Iranian war is looking increasingly credible. Make no mistake, an out and out conflict between the two nations would be

  2. Paradise Papers - Robert Mercer's effort to avoid taxes appears in Paradise Papers, Tycoon made $41m from 'people's fund', Oxford and Cambridge 'investing millions of pounds offshore', Paradise Papers reveal[more]

    Robert Mercer's effort to avoid taxes appears in Paradise Papers From Therealnews.com: The Guardian has reported that conservative billionaire and Trump backer Robert Mercer "appears as a director of eight Bermuda companies in the Paradise Papers," the trove of documents reviewed by the

  3. Wall Street hedge fund veteran hits highs with copycat tactics[more]

    From FNLondon.com: A Wall Street veteran who has made big returns for wealthy clients by piggybacking on the strategies of well-known hedge funds is taking his novel approach to stock-picking to institutional clients. Dixon Boardman, chief executive of $2.5bn fund of hedge funds Optima Fund Ma

  4. Launches - Eaton Vance, Oaktree to launch diversified credit NextShares fund, FIM launches Nordic AI-powered fund[more]

    Eaton Vance, Oaktree to launch diversified credit NextShares fund Eaton Vance Management, a subsidiary of Eaton Vance Corp., announced the expected mid-November launch of Eaton Vance Oaktree Diversified Credit NextShares, a new Eaton Vance-sponsored exchange-traded managed fund. Eaton Va

  5. Outlook - Gundlach's stock market warning comes true[more]

    From Bloomberg.com: Jeffrey Gundlach has been warning something's got to give. Based on the past two days, looks like we have our answer. Stocks fell around the world a second day and high-yield bonds headed for a fourth straight loss, resuming a historic correlation that the hedge fund manager on W