Opalesque Industry Update - Here is the monthly performance review of the UCITS Alternative Index series as of November 2012.|
UAI Benchmarks: The UCITS Alternative Index Global is up 0.32% in November and up 1.13% since the beginning of the year. The UCITS Alternative Funds of Funds is also up 0.11% this month but is still down -1.78% on year to date. All but three strategies return positive performance in November. The best performing strategies are the UAI Emerging Markets, up 0.73%, followed by UAI Multi-Strategy and the UAI Macro, up respectively 0.71% and 0.42%. The UAI FX is the worst performing benchmark with -0.24% in November, followed by the UAI Commodities with -0.22%. So far this year, the UAI Fixed Income is the best performer, up 4.44%, followed by the UAI Emerging Markets, up 4.02%.
UAI Blue Chip: The UAI Blue Chip is up 0.23% in November and up 4.25% on year to date. The positive monthly performance is mainly due to gains from Emerging Markets, Event-Driven and Multi-Strategy funds, while Commodities and Volatility funds perform slightly negatively.
UAIX Indices: Almost all UAIX indices are up in November. The UAIX Long/Short Equity is the best performer, up 0.58%. It is followed by the UAIX Emerging Markets (up 0.56%) and the UAIX Event-Driven (up 0.49%). The UAIX Equity Market Neutral and UAI CTA are down -0.19% and -0.14%. With the exception of CTA and Emerging Markets all UAIX indices outperform their UAI benchmarks. So far this year the UAIX Volatility displays the best performance with a gain of 7.04, followed by the UAIX Fixed Income - Developed Markets up 6.81%.
The UCITS Alternative Index Blue Chip and UAIX are model-based investable indices of UCITS hedge funds.
Full performance table: www.ucits-alternative.com