- Assets under management in absolute return UCITS reach
$116 billion (30 June 2011)
- $3 billion raised from 58 new fund launches in the first
half of 2011
- London remains the dominant centre for absolute return
London, 29 September 2011 - Global
assets in absolute return UCITS funds have climbed by more than
150%, according to new research compiled by HedgeFund
Half year figures show that assets grew by 151% to $115.7
billion at 30 June 2011 from $46.1 billion at the same point
the previous year. Absolute return UCITS are now a quarter of
the size of the more mature European hedge fund industry, which
had assets of $438 billion at 30 June 2011.
Some 58 new funds were launched in the first half of 2011,
raising over $3 billion. The UK remains the capital of the
absolute return UCITS sector with half of the assets under
management being run by London-based firms.
Joy Dunbar, Editor of Absolute UCITS, comments: "Absolute
return UCITS funds are continuing to mirror the ascent of the
European hedge fund industry over a decade ago although there
is still a lot of scope for growth.
"There are many challenges ahead for the fledgling sector,
not least market volatility and changing European regulations.
However, we expect the next few years to be a time of
opportunity, where funds that consistently deliver alpha will
have the chance to tap into the huge potential of retail
About Absolute UCITS:
Absolute UCITS is an only-online source of must-know
information for the global fledgling absolute return UCITS
space. The website is part of HedgeFund Intelligence -
the leading provider of news, analysis and performance data on
the global hedge fund industry.
For more information, please contact:
Editor, Absolute UCITS
Tel: +44 (0) 20 7779 7358
Toby Bates / Del Jones
+44 (0) 20 7726 8400
Walek & Associates:
+1 212 889-4113 / firstname.lastname@example.org
Walek & Associates (Hong Kong)
+852.2273.5102 / + 852 6112 7553