Opalesque Industry Update - The UCITS Alternative Index Global is up 0.35% in December and ends the year with a performance of -3.64%. The Fund of Funds Index is down -0.05% ending the year down -5.25%. In comparison with the UAI Global and sub-strategies indices, UCITS funds of funds performances have been disappointing, with the vast majority negative on a year to date basis. All strategies except Commodities are down for the year. Emerging Markets, Long/Short Equity and FX are the worst performers.|
The UAI Blue Chip is up 0.13% in December, ending the year down -3.96%. It performs in line with the UAI Global Index over the year. When compared to funds of funds, it is ranked among the top quarter in terms of YTD performance.
After a continuous increase from January to September 2011, the total assets managed by UCITS hedge funds have decreased during the last quarter. However, the number of new funds has kept on growing over the year. At the end of December 2011, the UCITS Alternative Index is composed of more than 800 constituent hedge funds and funds of hedge funds, totaling EUR 113 billion assets under management.
Monthly performance of the UCITS Alternative Index of December 2011: Performance table.
About UCITS Alternative Index