Sciens Fund of Funds Management Holdings, part of the Sciens Capital Management Group, has announced 73% growth in assets under management on its Managed Account Platform since its acquisition from Partners Group in April 2010 to $699 million in August 2011. The total number of managed accounts is 24.

Growth came from inflows into existing cells and the launch of nine new managed accounts including Global Macro, Commodities Trading Advisor (CTA) and Volatility Trading strategies. Investors include pension funds, insurers, family offices and asset managers from Europe, Australasia and the Middle East.

“The strong growth of AUM is proof of Sciens’ robust operational and risk management services and demonstrates Sciens’ ability to provide its extensive expertise in managed accounts to both hedge fund managers and investors,” said Dr Stavros Siokos, President, Sciens.

 “Market conditions are such that investors are continuing to seek diversification in alternatives while being increasingly sensitive to risk management and transparency. We believe managed account platforms that can provide sophisticated and flexible analytics, and reporting will play a greater role in aiding investors to gain transparency and control over their alternative investments – this will become particularly important with upcoming regulatory developments such as Solvency II,” concluded Dr Siokos.