Sat, Oct 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS Alternative Index loses 1.37% in June, gaining 0.94% year to date

Tuesday, July 02, 2013
Opalesque Industry Update - In June, the UCITS Alternative Index Global loses -1.37% as most strategies suffer from the broad market correction. Its year to date performance stands now at 0.94%.

The funds of funds perform slightly worst with -1.85% for the UAI Funds of Funds Index. The UAI Funds of Funds is now up 1.24% since the beginning of the year. With the exception of Equity Market Neutral and Commodities, all single strategies lose ground this month. The UAI Emerging Markets return the lowest return (down -3.08%), followed by the UAI CTA and the UAI Macro, respectively down -2.70% and -2.15%. The UAI Long/Short Equity is negative for the first time this year with -1.31%.

Similarly, the UAI Fixed Income posts its first monthly losses (-0.68%). On a year to date basis, the UAI Long/Short Equity is the best performing strategy index with an increase +3.39%. The next best performers are the UAI Multi-Strategy (up 1.28%) and the UAI Equity Market Neutral (up 0.64%).

UAI Blue Chip:

The UCITS Alternative Index Blue Chip ends June with losses of -1.78%, one of its largest monthly drawdown since inception. Emerging Markets and CTA funds contribute most to this drop while commodities, equity market neutral and volatility are the only positive strategies this month. The UAI Blue Chip is now up 0.71% since the beginning of the year.

UAIX Indices:

With the exception of the UAIX Commodities and UAIX Equity Market Neutral all UAIX end the month with negative performance. The UAIX Macro and the UAIX CTA post large losses, down -4.31% and -4.03%. The UAIX Emerging Markets also declines (-3.98%), mainly driven by the drop in emerging markets equities. The UAIX Long/Short Equity loses -1.54% in June but remains the best performer for the year with +3.77%. It is followed by the UAIX CTA (up 2.68%) and the UAIX Event-Driven (up 2.14%).

AUM and number of funds:

The total assets managed by single UCITS hedge funds increased to EUR 162 billion. The UCITS Alternative Index is currently composed of more than 860 constituent UCITS hedge funds and funds of hedge funds.

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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: BlackRock taps Artivest for alternative investment platform partnership[more]

    Bailey McCann, Opalesque New York: BlackRock will be working with New York-based Artivest to provide a platform for broader distribution of BlackRock alternatives funds. Artivest is a technology-driven alternative investment platform that also offers brokerage services. BlackRock has approximatel

  2. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as

  3. "Hedge fund industry needs to shrink"[more]

    Komfie Manalo, Opalesque Asia: Writing for CNBC, Josh Brown, creator of The Reformed Broker blog and financial advisor for Ritholtz We

  4. Strategy - Voyager Management wants to invest in smaller hedge funds[more]

    From Valuewalk.com: Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity

  5. Asia - Quant hedge funds are China's hot new export, Europe banks return to Korean brokerage market; target debt, alternative products[more]

    Quant hedge funds are China's hot new export From Bloomberg.com: Add China’s quant shops to the list of hedge funds branching out across Asian markets. Quantitative money managers from the world’s second-largest economy are opening offshore funds at a never-before-seen pace, according to