UCITS Assets Grow Thanks To Big Traditional Brands

UCITS assets grew thanks to big traditional brands having strong distribution networks and capacities, according to Opalesque. Opalesque’s recent report on UCITS, however, reveals the number of funds is stagnating despite witnessing growth in the AUM. As reported earlier, UCITS funds have gained popularity in recent years, and investors have flocked to these alternative investment strategy vehicles in search of higher liquidity and transparency. Merrill Lynch leads in terms of AUM Opalesque’s data partner Alix Capital observed Morgan Stanley (NYSE:MS) and its Fundlogic platform witnessed strong growth during Q2-Q3 2013. Alix Capital’s data reveals that while the number of funds…