mast image

Special Report

Impact investing

Sections

Dutch hedge funds buck global trend in second quarter – DNB

Related images

  • Dutch hedge funds buck global trend in second quarter – DNB

Related Categories

NETHERLANDS - Dutch hedge funds returned 4.1% over the second quarter in contrast to hedge funds worldwide, which largely incurred losses over the period, according to figures from the Dutch financial supervisor (DNB).

The DNB attributed the performance mainly to the strength of the US dollar, which appreciated by 5.7% against the euro, as a large number of Dutch hedge funds are invested in US hedge funds.

According to the regulator, combined assets in Dutch hedge funds increased by €2.3bn to reach €19.8bn in the second quarter, due mainly to deposits from institutional investors.

The DNB said that, within the euro-zone, the Dutch hedge industry was currently second only to Ireland, which manages nearly €80bn in hedge funds assets.

By comparison, the industries in France (€2.7bn) and Germany (€1.6bn) are still relatively small.

The regulator attributed the strong growth of Dutch hedge funds since early 2010 mainly to the establishment of tax-transparent 'funds for joint account' by pension funds or their asset managers.

Pension schemes in particular have placed the investments they keep directly on their balance sheet into these new funds, the supervisor said.

The number of Netherlands-based hedge funds is 96, of which 30 are funds of funds and 66 are direct hedge funds.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2548

    Asset class: Fixed Income, Emerging Market Debt Hard Currency (Active).
    Asset region: Emerging Markets.
    Size: CHF 300-400m.
    Closing date: 2019-07-30.

  • QN-2549

    Asset class: Fixed Income, Emerging Market Debt Hard Currency (Passive or Passive Enhanced).
    Asset region: Emerging Markets.
    Size: CHF 300-700m.
    Closing date: 2019-07-30.

  • QN-2550

    Asset class: Fixed Income, Emerging Market Debt Local Currency (Active).
    Asset region: Emerging Markets.
    Size: CHF 250-350m.
    Closing date: 2019-07-31.

  • QN-2551

    Asset class: Fixed Income, Emerging Market Debt Local Currency (Passive or Passive Enhanced).
    Asset region: Emerging Markets.
    Size: CHF 250-350m.
    Closing date: 2019-07-31.

  • QN-2552

    Asset class: Fixed Income, High Yield (Active).
    Asset region: High Yield (US).
    Size: CHF 500-600m.
    Closing date: 2019-07-29.

  • QN-2553

    Asset class: Fixed Income, High Yield (Passive or Passive Enhanced).
    Asset region: High Yield (US).
    Size: CHF 500-1'100m.
    Closing date: 2019-07-29.

  • QN-2554

    Asset class: Global Real Estate (Equity, unlisted Funds).
    Asset region: World (ex-Switzerland).
    Size: CHF 200 mn (potential for further growth).
    Closing date: 2019-08-07.

  • QN-2555

    Asset class: Real Estate.
    Asset region: European.
    Size: EUR 50 - 100 million.
    Closing date: 2019-07-22.

  • QN-2556

    Asset class: FX Hedging.
    Asset region: Global.
    Size: Mandate size of CHF 1.5 bn.
    Closing date: 2019-08-09.

  • QN-2557

    Asset class: All/large Cap Equities.
    Asset region: China A-shares.
    Size: Unit linked platform (0m USD in initial investment).
    Closing date: 2019-08-01.

Begin Your Search Here
<