Funds of Hedge Funds

UCITS fund of funds growing


UCITS hedge fund of funds are likely to see “explosive growth” in assets under management, according to a new report by KdK Asset Management.

The 12-page report, UCITS Funds of Hedge Funds - Market Update written by Henrik de Koning, states that the market for UCITS hedge funds is growing rapidly in terms of number of funds and assets under management.

Max Gottschalk from Gottex

There are more than 66 UCITS hedge funds of funds according to the report. Over the past 12 months, at least 31 UCITS funds of hedge funds were launched and assets under management grew in excess of 150% from $2.5 billion (€1.83 billion) in October 2009 to $6.4 billion (€4.6 billion) to October this year.