Fri, Jul 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Opalesque UCITS intelligence

MARKET STATISTICS : Q1 2014 by Alix Capital ML Capital latest investors' survey

Friday, May 16, 2014

UCITS absolute return funds advanced by 0.34% during the first quarter of 2014. The good performance of Equity and Fixed Income strategies was partially offset by the negative performance of CTA and Emerging Markets funds. Since the beginning of the year the three best performing strategy indices are the UAI UCITS Long/Short Equity Index up 1.50% followed by the UAI Fixed Income up 0.80% and the UAI Equity Market Neutral Index up 0.77%. On the negative side the UAI CTA is down -2.15% and the UAI Emerging Markets down -1.44%. Benefiting from the good performance of equity related strategies UCITS funds of funds end the first quarter slightly positive with +0.21%.

Growth of assets and number of Funds

While the total number of funds remains stable the level of assets under management strongly advanced during the first quarter passing from EUR 190 billion to EUR 220 billion, a progression of 16%. The high progression rate – the largest quarterly increase since June 2010 - is explained by several factors. The first reason is the increasing preference from investors for absolute return fixed income rather than long only funds. The second one is the strong interest for absolute return equity strategies such as Long/Short Equity, Equity Market Neutral and Event-Driven following the good performance recorded in 2013. UCITS Platforms

Jumping by around 30% - from EUR 11.3b to EUR 14.9 - the total assets managed by platforms of UCITS absolute return funds progressed twice as fast as the global market during the first quarter of 2014. A large part of the asset progression is explained by two funds: the Schroder GAIA Sirios US Equity and the MLIS Marshall Wace TOPS UCITS that collected respectively USD 1899 million and EUR 588 million in Q1 2014. In total 10 platform funds increased their assets under management by more than EUR 100 million during the period.

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 - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  2. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  3. Chesapeake Partners to liquidate hedge fund amidst 'hostile environment'[more]

    Komfie Manalo, Opalesque Asia: Chesapeake Partners Management, the hedge fund run by woman fund manager Traci Lerner said it would return investors’ money after 25 years because the market environment has become "hostile" to manage other people’s money, reported

  4. Europe - George Soros says Brexit has ‘unleashed’ a financial markets crisis, Brexit—what we know, Will the UK’s departure be a ‘soft-Brexit’ or a ‘hard-Brexit’?, Brexit: Six-point action plan for asset managers[more]

    George Soros says Brexit has ‘unleashed’ a financial markets crisis From Bloomberg.com: Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Bruss

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.