04 Aug 2017 UCITS or nothing: $700bn net new business for alternative UCITS expected
The explosive growth of the UCITS space or the Undertakings for Collective Investment in Transferable Securities is not predicted to slow down. In certain regions, it is now essentially “UCITS or nothing”, said Dr Toby Goodworth, head of Diversifying Strategies at investment consultancy firm bfinance during the latest Opalesque 2017 UK Roundtable.
$700bn net new business for alternative UCITS expected
Depending on the database you are using, there are roughly between 800 and 1,200 funds with assets estimated between $300-400 billion in the subset of alternative UCITS, which only equates to approximately 3% of total assets, added Andrew Dreaneen, head of Liquid Alternatives at Schroders.