Gottex market neutral funds head above high water mark


Gottex Fund Management flagship market neutral plus product regained its high water mark in January 2011 and is accruing performance fees, according to the latest annual report. At the end of February 2011 the second largest Gottex market neutral fund was just over 4% away from regaining its high water mark.

For the year ending 31 December 2010, Gottex Solution Services grew assets five-fold to end with $1.58 billion from $0.33 billion at 31 December 2009.

Meanwhile, total fee earning assets grew to $8.5 billion at the end of February 2011 from $8.3 billion at end of 2010,