New fund survey: Alternative UCITS fund launches decline in first half
Thu Aug 2, 2012
Joy Dunbar, editor of Absolute UCITS, reviews the single-manager new fund survey for the alternative UCITS sector for the first half of 2012.
The number of new funds in the alternative UCITS sector has declined dramatically and the amount that has been attracted into them is also down significantly, according to the latest global new fund survey published by Absolute UCITS.
The number of global new funds launched in the first half of 2012 stood at 27 and they attracted just $573 million assets under management. It is the lowest figure since Absolute UCITS started tracking the figures in 2010.
This significant decline could be a temporary slowdown in a sector that grew significantly in 2010 and 2011 – where almost...
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