According to Alix Capital, the Swiss based research firm managing the UCITS Alternative Index (UAI) series, assets in Alternative Ucits have increased by 6 billions euros.
However 60% of this increase is concentrated in 5 funds, mainly with traditional asset managers. Standard Life Global Absolute Return Fund is the top raiser with 1 billion assets raised in the last quarter.
Assets in the platforms have decreased due to the impact of disinvestments in CTAs, however, most of the platforms included in this edition have seen their assets increased. Morgan Stanley and its Fundlogic platform has enjoyed a strong growth this quarter.
Alix Capital has noticed strong investment flows this quarter in fixed income funds, showing the interests from investors in allocation to Long/Short fixed income vehicles as an hedge to their Long Only Bond investments.
The 6 billion London based successful credit manager Avoca has joined Schroder's platform.
ASSET FLOWS ANALYSIS Q2-Q3 2013 - (Source Alix Capital)
Largest Platforms by Number of Funds as of Q3 2013