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

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...