Thu, Apr 17, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Alceda reports that demand for alternative UCITS continues

Thursday, October 31, 2013

Beverly Chandler, Opalesque London:

Alceda has published its quarterly review of alternative UCITS finding that with equity markets continuing their rally into the third quarter, the demand for alternative UCITS strategies has continued. The firm writes: "In particular we have seen a significant increase in the demand for equity strategies as investors increasingly appear to be seeking higher returns and diversification through alpha."

The new and revised universe of UCITS funds overseen by Alceda now includes 454 funds with assets under management of €154.5bn, a growth of 2.6% on the previous quarter.

The firm writes that after a difficult second quarter alternative UCITS strategies rebounded in Q3 with the AH Global UCITS Index advancing 1.09%. "The constructive equity market backdrop has proved fertile for Equity Long Short managers with the AH Equity Long Short Index the top performing alternative UCITS strategy this year up 7.68%. 2012 saw a similar pattern with Equity Long Short also leading alternative strategies with a return of 6.19%. Given this strong performance it is unsurprising that funds in this space have been generating strong investor interest, with strong net asset flows into equity strategies this year."

Equity Long Short UCITS funds have performed only marginally behind their offshore equivalent funds however they have achieved this with a lower level volatility. Alceda finds that on a risk adju......................

To view our full article Click here

Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: European stock-picking fund up 19% YTD, bets on small caps’ high cash level[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Here is a European long/short equity fund that has been beating the odds since its 2008 inception by employing its own investment model, frequent company visits

  2. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  3. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  4. Opalesque TV: First Trust Advisors launches liquid alternatives platform[more]

    Bailey McCann, Opalesque New York: First Trust Advisors is launching a new liquid alternatives platform aimed at building on the companies existing alternative ETFs offering by adding hedged mutual funds. Senior Portfolio Managers Rob Guttschow and John Gambla recently sat down in an

  5. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo