Gottex slowly grows assets


Gottex Fund Management is starting to see its fee earning asset under management grow despite a continuingly resistant asset-raising environment.

Total fee earning assets for the group increased by 6.9% to $7.8 billion compared to $7.3 billion at 30 June 2010 as a result of substantial subscriptions at Gottex Fund Management and Gottex Solutions Services. The latter has more than doubled its assets from $450 million at June 2010 to $1.01 billion by September 2010 as a result of additional managed accounts on its platform as well as its first major risk reporting mandate.

Total subscriptions for the quarter