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Alternative Market Briefing

Feri Alternative Assets cross $9bn mark for first time

Friday, March 15, 2019

Laxman Pai, Opalesque Asia:

Bad Homburg, Germany-based Feri Alternative Assets GmbH reported especially strong demand in the alternative investments sector in its financial report for 2018.

During the reporting year, alternative investments exceeded the EUR 8 billion ($9bn) mark for the first time ever, with volatility strategies recording the highest gains, a press release from the alternative asset company said.

Investments in FERI's OptoFlex and EquityFlex concepts now total EUR 2 billion - twice the previous year's figure.

Although weakness in the capital markets hindered the acquisition of new asset management business across the board in 2018, FERI succeeded in expanding both its private client base and its institutional client base.

FERI now looks after a total of 300 private clients (families) and 200 institutional clients, and also succeeded in developing a large number of existing client accounts during the reporting year.

"We managed to grow our assets under management as well as our total revenues despite the weakness in the capital markets", said Arnd Thorn, Chief Executive Officer of FERI AG.

Challenges in the market environment

The asset management industry continues to operate in a challenging environment, the report said.

One of the main drivers, in addition to the current weakness in the capital markets, is the sustained downward pressure on costs, intensified by increasing levels of regulation. ......................

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