Sun, Jan 22, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Opalesque UCITS intelligence

MARKET STATISTICS: Q2 2014 by Alix Capital

Monday, August 18, 2014

UCITS absolute return funds continue to progress during the second quarter. After a difficult start (-0.37% in April) the performance improved during the last two months of the quarter with respectively +0.75% in May and +0.22% in June. The performance of the UCITS Alternative Index (UAI) Global for the first half of the year is +0.94%. CTAs are the best performing funds during the second quarter with a progression of 3.93%. They are followed by emerging markets and multi-strategy funds respectively up 2.32% and 1.42%. With their strong results in the second quarter CTA are now the best performing funds since the beginning of the year with a progression of 1.70%. Coming next are multi-strategy and fixed Income funds respectively up 1.62% and 1.58%. UCITS funds of funds display a similar pattern as the global market in terms of performance evolution. They are up 0.27% during the second quarter and up 0.48% since the beginning of the year.

Growth of assets and number of funds

Assets managed by UCITS alternative funds increase by EUR 15 billion (+7%) during the second quarter to reach EUR 235 billion at the end of June. 80% of the asset progression is due to fixed income, long/ short equity and equity market neutral funds. In terms of percentage the largest progression of assets is recorded by Event-Driven funds with +83%. On the negative side commodities, CTA, emerging markets and volatility funds all lost assets since the beginning of the year.

UCITS Platforms

Platform of UCITS absolute return funds continue to progress during the second quarter both in terms of number of funds and assets under management. After the strong progression witnessed in Q1 (+33%) the total assets managed by platform funds continue to advance during the second quarter (+ 5%) to reach EUR 15.48 billion at the end of June. Several of the most successful funds in terms of asset progression are platform funds. As a result, a growing number of these funds are now closed to new investments.
Louis Zanolin, Alix Capital zanolin@alixcapital.com



 
This article was published in Opalesque UCITS intelligence.
Opalesque UCITS intelligence
Opalesque UCITS intelligence
Opalesque UCITS intelligence
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. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised