28/01/2011
Unigestion earns a large part of its inflows in France in 2010
In 2010, the Swiss asset management firm Unigestion experienced net inflows of EUR658m, bringing its assets under management to EUR8.4bn. Of these total inflows, EUR300m were registered in France, where the Swiss establishment has been present since 1993, and where it has held an AMF license since 2004. France is the second-largest market for Unigestion, at EUR1.9bn, after Switzerland, which represents 32% of its activities, while the UK is in third place at 20%. Unigestion’s fund of hedge funds business worked particularly well in 2010, with a net inflow of EUR380m. “Two thirds of these inflows came from new clients, but at the same time, our ten largest clients reinvested with us in the past year,” says Jean-François Hirschel, managing director in charge of marketing. In total, Unigestion has EUR2.7bn in funds of hedge funds. The remainder is divided between minimum variance equities management (EUR2.9bn) and private equity (EUR1.5bn). To continue its development, particularly internationally, Unigestion will soon establish a more active sales team to better cover Europe.
