Sun, Aug 31, 2014
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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  3. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  4. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius