Fee income at Aspect Capital, a UK quantitative hedge fund manager, jumped 60% to £49.2m (€72m) last year as its top-performing strategies generated returns of up to 15.6%, a notch above the industry-tracking Credit Suisse/Tremont hedge fund index which rose 13.6% in the period.

Aspect enjoyed strong growth in assets under management, which increased by 80% to $4.3bn (€3.2bn), mostly from institutional clients such as pension funds, putting it among the top 30 European hedge funds.