Absolute return UCITS assets increase by 198%
Thu Mar 17, 2011
Global assets in absolute return funds using the UCITS wrapper have trebled, according to new research from the Absolute UCITS research and data team.
The absolute return UCITS industry maybe relatively young in
comparison to its more established cousins in the traditional
long-only and offshore hedge fund world, but according to new
research from the Absolute UCITS research and data
team, global assets in this space has trebled.
According to the first survey by Absolute UCITS, global
absolute return UCITS assets under management are $90.5
billion, at 31 December 2010. At the same point the
previous year assets under management were $30.3 billion.
The survey highlights that within a year assets under
management have increased by 198% - an indication that that the
industry is gathering...
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