Harcourt Investment Consulting, the Switzerland-based alternative investment solutions provider, says assets under management as of 30 June 2010 have reached USD4.7bn, corresponding to a growth of USD200m for the first half of 2010.

The asset increase derives from existing as well as from new clients. The majority of these inflows were originated from institutional clients.

In the first half of 2010, Harcourt launched Vonda Ucits, its first Ucits compliant fund of hedge fund. The fund combines CTA and macro investments with the benefits of the Ucits framework, which provides EU-regulated liquidity and diversification guidelines.

The firm also launched Belmont Commodity Trading, a commodity fund of hedge fund dedicated to investing in natural resources fund managers, in partnership with AC Investment Management.

Harcourt’s outlook for the second half of 2010 remains positive.