ANREV has launched the sixth release of the ANREV ODCE Asset Level Performance Consultation Report.

The ANREV Asset Level Performance Report is not an index as the coverage is limited to assets held by 7 funds with a pan Asia core open end strategy.

The ANREV Asset Level Performance Report results are based on asset level data that is provided to ANREV directly from managers. Data collection starts immediately after a quarter has ended for a period of up to 6 weeks after quarter end.

Please provide feedback and comments to Justin Wong or Amélie Delaunay.

• Funds of funds AUM rose to at least US$53.2 billion globally end of 2020
• As a group funds of funds delivered a positive average net return of 1.6% in 2020
• Large open end core vehicles with a global strategy dominate the market for funds of funds

On average funds of funds continue to deliver positive returns for eight consecutive years, with an average 1.6% in 2020.

The performance data presented in this report is not intended to serve as a benchmark and should be used for research and information purposes only.

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 3.08% in June 2021. The ACOE includes 19 funds with a total GAV of AUD 118.00 billion.

The ACOE Index also reports data on geographic allocation by sectors.

Please contact Darren Cheung or Daisy Huang if you have any questions regarding the Index.

The sixth consultation release of the Global IRR Index includes 338 funds with non-core strategies, comprising of 290 value added and 48 opportunity funds.

Key highlights:
> This Global IRR Index release features 80 Asia Pacific, 109 European and 149 US funds
> Funds launched in 2019 delivered an average IRR of -7.4%, the weakest performances of all vintages in the Global IRR Quarterly Index

Following the publication of the ‘Assets Under Management 2021’ paper which aimed to provide a clear overview of the main components considered by investment managers used to calculate AUM, we are pleased to announce the launch of an AUM basis of disclosure tool to help investment managers facilitate clear and transparent reporting of AUM components.

The Global Standards Steering Committee (SSC) have developed this new excel based tool which includes drop down menus to specify how each of the AUM components is reported within the calculation. Once completed, the resulting amount of AUM can be reported with accompanying disclosures as deemed appropriate by the preparer.

ANREV has launched the Q1 2021 IRR Index by vintage. The IRR Index measures performance of value added and opportunistic non-listed closed end funds investing in Asia Pacific.

The Q1 2021 sample of the ANREV IRR index includes 80 funds.

We welcome any questions or comments - please email Daisy Huang or Justin Wong.

Message From The Chief Executive -  ANREV Investor Advisory Council and the Manager Advisory Council