Europe’s wealthiest residents are once again pouring money into hedge fund-like products, seeking to tap the industry’s standout returns after years of swelling personal fortunes.
As central banks across the continent reduce benchmark interest rates, liquid alternative strategies packaged in retail-friendly structures are drawing affluent investors chasing yields in places other than fixed income. Tailored for a broader European institutional investor base, these products typically allow clients to withdraw their cash frequently — unlike hedge funds that can often lock up capital for years.
Assets in alternative Undertakings for Collective Investment in Transferable Securities (UCITS) — liquid strategies that aim ...