Sign up for free newsletter


Euro notes

Long-term UCITS surpass EUR 100 billion mark

The European Fund and Asset Management Association (EFAMA) has just released its latest press release on fund performance in May. And for UCITS III funds, the results are a mixed bag. On the plus side, long-term Ucits have enjoyed net inflows of EUR 108 billion in 2010. On the down side, however, Ucits endured EUR 23 billion in net outflows for May (EUR 8 billion of which was in long-term Ucits), representing the first negative outflow since March 2009. Last week, Hedgeweek also reported that the UCITS HFX Index was down 0.15% in June. Month-to-date, the Index is down 0.05% although the second week of July did post a 0.41% gain. Convertible (1.42%), L/S Equity (0.98%) and Event Driven (0.68%) are currently this month’s top performing strategies. Whether inflows for 2H10 will be as strong as those seen in the first five months remains to be seen.

7 hours 12 min from now - Paris
1 day 7 hours from now - New York
1 week 1 day from now - Abuja
2 weeks 1 day from now - London
2 weeks 6 days from now - London
Mon, 15/05/2017   - London
Mon, 15/05/2017   - London
Mon, 15/05/2017   - London
IKONIC Fund Services Ltd.
Tue, 29/11/2016 - 12:28
Backstop Solutions Group
Tue, 08/11/2016 - 18:44
The Gemini Companies
Mon, 17/10/2016 - 12:51
other gfm publications