Sat, Jul 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Opalesque UCITS intelligence

Latest statistics

Wednesday, July 24, 2013

Alix Capital Q2 2013 report

Key findings:

  • UCITS absolute return fund's assets under management increased by 5.60% during the second quarter of 2013 and by 17.85% since the beginning of the year reaching a new high of EUR 163 billion
  • Five out of eleven strategies display positive performance since the beginning of the year, Long/Short Equity being the best performer with +3.39%.
  • The best performing UCITS absolute return funds since the beginning of the year are the ML Pegasus UCITS Fund, a long/short equity fund managed by Clareville Capital up 28.22%, followed by the Odey UK Absolute Return Fund, also a long/short equity fund managed by Odey Asset Management, up 23.92% and the ML DUNN World Monetary and Agriculture Fund, a CTA fund managed by US based manager Dunn Capital up 21.10% since the beginning of the year.
  • The Plurima Unifortune Global Strategy Fund is the best performing fund of funds since the beginning of the year with a performance of 5.53% at the end of June while the Credit Suisse Prima Multi-Strategy is the largest one by assets with EUR 619 million.
  • The Morgan Stanley Fund logic and the Merrill Lynch Invest platforms are the largest fund platforms in term of number funds with 18 single UCITS absolute return funds while Deutsche Bank DB Platinum is the largest platform in term of assets with EUR 2.56 billion at the end of June 2013.

Louis Zanolin, CEO of Alix Capital, says: "UCITS absolute return fund assets continue to grow during the second quarter of 2013. This is explained by several factors. The continuous shift from long only to absolute return fixed funds is probably the most important reason currently. Given the size of the long only fixed income market, one can expect this trend to continue if not to accelerate during the next quarters. Other key important drivers are linked to more secular trends such as the continuously increasing need for highly regulated and liquid products able to deliver consistent absolute returns.

Louis Zanolin further adds: We are seeing more and more US based investment managers launching UCITS funds.Fund platforms and their benefits in terms of easy market access are playing an essential role in this development. While they still only account for 5% of the total number of funds, US based managers represent 37% of all platform funds."

In our view, the UAI Industry Report gives access to the most comprehensive information about the UCITS absolute return funds universe. Nara Capital has a long track record in the sector and is managing investors' portfolios.

The report can be purchased on the UCITS Alternative Index website or by contacting Alix Capital.



 
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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe