UCITS Hedge Funds Buoy European Industry’s Assets

Sep 8 2010 | 3:36pm ET

Investors’ taste for UCITS III-compliant hedge funds helped European hedge funds continue to grow—and shook up the continent’s top 50 hedge fund firms.

According to Newedge, Europe’s top 50 hedge funds increased their assets under management 11% over the past year-and-a-half. Those firms now manage some US$300 million.

The gains were particularly notable among those firms with large stables of UCITS-compliant hedge funds. Dexia Asset Management—ranked 31st at the beginning of last year—surged to 13th place among European hedge funds, thanks to its UCITS funds. Even relative newcomers to the space, such as M&H Investments, moving up a few places.

Established managers, such as BlackRock, also relied on its UCITS funds for big inflows. BlackRock’s hedge fund assets under management rose 27% to US$21.7 billion.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...