The alternative UCITS sector has grown strongly in 2014, increasing by 41%YoY to a total of €224.3bn, according to the latest Alceda UCITS review.
The study also highlighted that managed futures were the best performing alternative UCITS strategy, with the index gaining 14.3% while event driven strategies declined by -2.7%.
Overall, 2014 was a challenging year for active managers with the AH Global UCITS Index which encompasses a total of 498 funds, returning only 1.3% in 2014, compared to the almost 6% gains seen in 2013.
Michael Sanders, CEO and chairman of the Board at Alceda Fund Management S.A., said: “These results show the ongoing attractiveness and demand for alternative UCITS strategies globally with investors increasing allocations and managers, in particular in the US, choosing UCITS to target European investors.
“In addition, the recent implementation of the AIFM Directive has resulted in a greater focus on UCITS with managers looking to build sustainable distribution strategies for their products.”