Mon, Apr 21, 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   |   
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: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. 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

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an

  5. SEC allows investment funds to use social media[more]

    Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably