New York (HedgeCo.Net) – Geneva-based investment company, Alix Capital reports that UCITS hedge funds AUM increased by +7.5% in Q2 2012 contributing to an increase of 18.3% for the last 12 months.
Sixteen new funds were launched this quarter and four were closed so increasing the global number of funds from 764 at the end of March 2012 to 776 at the end of June 2012. The strategies that witnessed the strongest assets growth are CTA (+26%) and Macro (+17%).
- The total assets managed by UCITS hedge funds has now reached EUR 129 ($158) billion
- The 20 largest funds now accounts for EUR 64.9 billion assets under management (AUM)
- Sixteen new single manager funds were launched in Q2, increasing the total number of single manager funds to 776
- 50.3% of all single UCITS hedge funds display positive performance since the beginning of the year
- Fixed Income is still the largest strategy with EUR 40.6 billion AUM
“As predicted, we have continued to see a growth in the total assets managed by UCITS hedge funds in the second quarter of 2012 and this is a trend which we expect to continue for the remainder of the year.” Louis Zanolin, CEO of Alix Capital, said, “Investors are attracted by UCITS funds for bringing an increased investment choice which is reflected in the rise in the number of fund launches in Q2.”
Luxemburg, France and Ireland continue to be the most popular domiciles for UCITS hedge funds with 45.7%, 18.5% and 17.4% market share respectively.
Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
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