Fund Strategy – Assets under management in Ucits hedge funds have doubled to $70 billion (£59 billion) since February, according to Hedge Fund Research. The number of funds has tripled to 600.
Through Ucits funds, hedge fund managers can tap into demand from less sophisticated investors seeking both hedge-fund-type returns and the security of a defined regulatory structure. They can also access countries where inves tors’ access to hedge funds is more tightly limited, most notably Austria, France and Germany.