Gottex’s AUM Jumps 14% in First Quarter 2014Assets under management in the global hedge fund firm Gottex Fund Management jumped 14 percent during the first quarter 2014.
The Swiss fund of hedge funds manager said it now has US$8.6 billion under management, up from US$8.1 billion at the end of last year. Gottex credited most of the increase to inflows, noting particular strength in new advisory mandates.
The firm’s assets are set to grow even further, with approval by both its shareholders and those of EIM for the companies’ proposed merger. British authorities have also signed off on the deal, which now requires only Swiss regulatory approval.
Gottex also boasted positive returns in the quarter, CEO Joachim Gottschalk said.Source: FINalternatives