Alt UCITs Gaining Speed, As Hedge Funds Pile In

Inflows into alternative UCITs (EU investment vehicles that allow asset managers to reach investors throughout the EU) fell last month to €4.2 billion bringing the monthly average to €5 billion for the year, but this is still roughly twice the rate as last year. [wysija_form id=”1″] Fund of hedge funds taking the place of individual investors “Such trends highlight both the appetite for the asset class and the success of the UCITs format,” writes Lyxor Asset Management analyst Pilippe Ferreira in a May 23 report. He notes that hedge funds in general have been attracting more attention, with $26.3 billion…