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UCITS absolute return funds decline by -0.13% on average in September 2014 bringing their performances for the year to 0.99%. The main detractors this month are Emerging Markets funds down -1.45% followed by Event-Driven and Long/Short Equity funds down -0.90% and 0.35%. On the positive side, FX and CTA funds display the largest progressions with 1.29% and 0.52%. CTA funds are also the best performing funds since the beginning of the year up 4.52% on average. Coming next are Multi-Strategy and Fixed Income funds up 2.00% and 1.45%. On the negative side, the worst performing strategies for the year are Commodity and Volatility funds with -1.22% and -0.85%. Funds of funds are down -0.05% in September and up 0.33% for the year.

Number of funds and AUM

Assets managed in UCITS absolute return funds progress by more than EUR 5 billion in September to reach EUR 248 billion. With the exception of Commodities and Volatility all strategies attracted assets during the period. The largest increase in absolute terms is achieved by Multi-Strategy funds with EUR 1.6 billion while CTA and Equity Market Neutral display the largest relative progressions both up 6%. All strategies combined and taking into account the September figures, the progression of assets since the beginning of the year is now greater than 30%. With an increase of 131%, Event-Driven funds display the largest progression of assets under management since the beginning of the year. They are followed by Long/Short Equity and Equity Market Neutral funds up 55% and 54% during the same period.

UAIX indices - UAI Blue Chip

Most UAIX strategy indices are up in September. Up 3.48% the UAIX FX is the best performing strategy index. It is followed by the UAIX Equity Market Neutral and the UAIX Multi-Strategy up respectively 0.46% and 0.45%. Since the beginning of the year the three best strategy indices are the UAIX CTA up 2.61%, the UAIX FX up 2.59% and the UAIX Event-Driven up 2.31%.

The UAI Blue Chip advances by 0.42% in September. Macro and Commodities are the best performing strategy buckets up respectively up 1.19% and 1.02%. Long/Short Equity funds up 0.56% on average are the largest performance contributors with 11bp. The UAI Blue Chip is up 0.76% since the beginning of the year.

Index rules and statistics are accessible on the UCITS Alternative Index website www.ucits-alternative.com. UCITS Alternative Index is a registered trademark. Alix Capital is the exclusive Index Provider to the UCITS Alternative Index.

Press release

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