Friday, 30 January 2015
Last updated 3 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%.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…