Alpha UCITS has boosted assets on its Alpha UCITS Platform, passing the USD0.75 billion mark this month. Distribution is, to many managers, the key attraction of using UCITS platforms and Alpha UCITS has been a leading UCITS placement agent for nine years.
Before launching its own platform four years ago, Alpha UCITS had already raised significant assets for various blue-chip managers, amongst which funds on other large UCITS platforms. The recent growth in Alpha UCITS Platform assets comes mainly from institutional investor inflows into the Amber Equity Fund and the Fair Oaks Dynamic Credit Fund.
Stephane Diederich, CEO of Alpha UCITS, says: “Alpha UCITS runs a very different business model from the competition. The main difference is that we are a leading UCITS placement agent who has launched a fund platform. We cover most significant institutional investors across Europe. Our model of distributing a limited number of blue-chip investment managers through a senior, very experienced sales force has paid off nicely, boosting assets on our platform. Our platform is the publicly visible side of our placement business and the assets raised since inception of Alpha UCITS nine years ago are a multiple of our platform assets.”
Alpha UCITS is actively looking to on-board additional blue-chip investment managers. While Alpha UCITS is considering all asset classes and strategies, the firm is looking in particular for global macro, event-driven and alternative fixed income strategies, as well as market-neutral or truly un-correlated strategies in general; strategies which will perform well in stressed markets are particularly interesting.
Diederich says: “The ideal investment manager we are keen to on-board is a manager who is already well established in the offshore fund sector, has a long and successful performance track record, runs a strategy which is under-represented in the UCITS world and is looking to diversify his investor base in Europe with institutional UCITS investors.”