Sunday, 21 December 2014
Last updated 4 hours ago
Mar 18 2010 | 8:44am ET
UCITS III-compliant hedge funds have proliferated over the last two years. But the regulator-friendly funds have underperformed hedge funds generally, although they have done better than funds of hedge funds over the past three years.
The roughly 500 UCITS hedge funds now manage $52.3 billion, according to Eurekahedge. While that’s just 3.5% of the $1.48 trillion currently managed by hedge funds, it is up from practically nothing a few years ago.
Unsurprisingly, most UCITS assets are invested in Europe, where UCITS compliance earns a fund entrée to most jurisdictions.
Europe is home to 41% of UCITS-compliant hedge fund assets. Funds with global mandates account for another 32%.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…