Gottex Fund Management, a $7.57 billion fund of funds group, saw its fee-earning assets rise from $7.34 billion at the end of December 2011 to $7.57 billion for the first quarter of 2012, a growth of 3.1%. This was despite client redemptions of $220 million and $40 million that was returned to investors in run-off share classes.
Assets in advisory mandates saw the largest percentage change of 27%, growing from $750 million to $950 million. Meanwhile the firm’s enhanced index strategies grew by 14% from $380 million to $430 million. In comparison, asset based and market neutral strategies saw