Citco assets under administration - January to September 2017
Positive returns reported across all strategies to September 2017
Citco ended the third quarter of 2017 with assets under administration across all product lines of US$910 billion.
This growth was largely fuelled by strong performance from existing clients, as well as the addition of new mandates. There was some offset as a result of negative ﬂows, with capital ﬂows continuing to disappoint overall.
Each quarter-end showed material net outﬂows, marginally tempered with some positive activity intra-quarter – a trend which has continued. The only strategy to witness real positive capital growth in the period was private equity and real estate (PERE). Equities and multi-strategy funds saw the largest drawdowns.
Equities, emerging markets and PERE strategies led the way in a positive performance cycle across all sectors. Global macro and event driven were most challenged in terms of delivering returns.
22nd February 2018