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Alternative Market Briefing

'Alternative Alternatives' investment funds lost 1.42% in October (+1.99% YTD)

Thursday, November 29, 2012

Florian Guldner, Opalesque Research:

'Alternatives Alternatives' investment funds had a negative month of October, according to an estimation based on 702 single- and multi-manager funds currently listed in 25 categories in the Opalesque Solutions A SQUARE Fund Database (Source).

The Opalesque A SQUARE Index lost* 1.42% in October, leading to a year-to-date performance of +1.99%. Estimates for September and August were corrected to +0.61% and +0.88%, respectively. The A SQUARE Funds of Funds Index performed better with a loss of 0.18%, but is down 0.37% for the year 2012 so far.

  • Structured finance and credit strategies performed well in October with gains of 2.35% and 0.99%. Infrastructure and real estate funds gained 1.22% and 0.31%, respectively. Trade finance strategies continued to deliver robust returns in a challenging environment with gains of 0.84%.
  • Negative results were posted by all-commodity (-4.58%), base & precious metals (-4.18%) and Forex (-0.96%) traders.
  • Year-to-date, the ranking is led by structured finance (+13.71) and credit (+9.98%), as well as infrastructure (+9.79) and real estate (+9.52) funds.

A SQUARE database weighting by asset classes

Over the last 12 months, the A SQUARE Index saw 7 negative and 5 positive months and performed flat (-0.02%). The A SQUARE Fu......................

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