Guide to Alternative Ucits July ’17
As they are now, they still fulfil the alternative function of not being equities, bonds or cash. However, their structures and take-up have broadened to the extent that at the end of June European-domiciled (including UK) alternative funds held nearly £400bn in assets, up from £110bn five years ago and £40bn 10 years ago.
Greater regulation has seen a greater need for transparency that, alongside investment drivers such as liquidity and diversification has seen a rapid increase in Ucits funds structures. These new propositions also allow portfolio managers an alternative to traditional ‘alternatives’ of private equity and hedge funds.View digital edition