Wed, Mar 20, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
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. ......................

To view our full article Click here

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. Half of real estate investors are considering investing in opportunity zone funds (OZFs) in 2019[more]

    Laxman Pai, Opalesque Asia: A survey found that 51% of real estate investors were considering investing in opportunity zone funds (OZFs) in 2019, while a further 12% are interested in the longer term. A less widely publicized part of the 2017 Tax Cuts and Jobs Act in the US was the creation

  2. Renaissance founder says hedge fund has overcome Trump tension[more]

    From FT: Renaissance Technologies has overcome internal tensions sparked by the political views of its former co-chief executive Robert Mercer, according to the founder of the $60bn computer-powered hedge fund. Jim Simons, a former cold war codebreaker who is also chairman of the fund, said Re

  3. New Launches: WhiteBox duo plans to launch new event-driven distressed debt fund, UBP unveils credit long/short fund, Man GLG launches high yield fund for ex-Schroders manager Scott, Caisse de d?p?t et placement du Qu?bec launches $250m AI fund, Accel Partners raises $2.5bn across three funds[more]

    WhiteBox duo plans to launch new event-driven distressed debt fund From Bloomberg: Whitebox Advisors LLC colleagues Cindy Delano and Amit Patel have teamed up to form a hedge fund focused on event-driven and special situations that could arise as credit markets tighten. Invictus Glob

  4. Opalesque Exclusive: D.E. Shaw examines the negative correlation[more]

    Bailey McCann, Opalesque New York: The emergence of a negative correlation between stocks and bonds as a result of central bank involvement in the market is not just a significant shift in monetary policy. A new paper from D.E. Shaw argues that it also has profound implications for portfolio con

  5. Tikehau Capital doubles AUM in two years, expands to New York[more]

    Bailey McCann, Opalesque New York: Paris-based Tikehau Capital reported total AUM of over €22bn as of Dec. 31, 2018 - more than doubling its AUM within two years. The alternative asset manager focuses on private debt, real estate, private equity and liquid strategies. Tikehau, had set a goal