Last year was a tough year in financial markets – which was challenging for a young fledgling sector like the alternative UCITS industry.
Despite difficult markets global alternative UCITS assets under management in the sector increased by 25% from $90.5 billion in December 2010 to $113.3 billion the same point the following year.
From the midpoint of 2011 assets under management were at a high of $115.7 billion. However, they then contracted by $2.4 billion, or 2%, by year end.
The second half of 2011 was characterised by problems surrounding the Eurozone crisis and the ensuing political, economic