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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