Mon, Nov 24, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS Index shows loss of 1.36% in May and year to date loss of 0.10%

Tuesday, June 05, 2012
Opalesque Industry Update - The UCITS Alternative Index Global is down -1.36% in May bringing its year to date performance to -0.10%. The UCITS Alternative Index Fund of Funds is also down -1.25% bringing its yearly performance to -1.64%. For the first time this year, the UAI Global is negative on YTD. 8 out of 11 strategies indices return negative performances this month. The UAI Emerging Markets is down -3.69%, while the UAI Commodities and UAI Long/Short Equity are down respectively -3.00% and -2.39%. The strategies posting gains this month are Volatility (up 1.05%), FX (up 0.79%) and CTA (up 0.66%). So far this year, the UAI Volatility (up 1.76%) and UAI Fixed Income (up 1.70%) are the best performers.

The UAI Blue Chip is down -0.46% in May but remains positive on YTD with a performance of 2.06%. Following the same pattern as the UAI, the strategy components within the Blue Chip Index that contribute negatively to its performance are Emerging Markets (-18 bp), Commodities (-12 bp) and Long/Short Equity (-12 bp).

All UAIX are down in May with the exception of the UAIX Volatility (up 0.34%) and the UAIX Fixed Income (0.00%). The UAIX CTA (-0.18%), Long/Short Equity (-1.57%) and Commodities (-2.32%) are down for the month. Similarly to their UAI benchmarks, the UAIX Volatility and Fixed Income are the best YTD performers, up respectively 4.34% and 3.33% so far this year.

The total assets managed by UCITS hedge funds have increased by 3.5 billion this month to reach EUR 126.5 billion. At the end of May 2012, the UCITS Alternative Index is composed of 852 constituent 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   |   
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 - George Soros puts $500m of his money on Bill Gross, Soros, Paulson backed Hispania Activos mulls Realia takeover, Ex-Credit Suisse trader’s hedge fund sees yen shorts as crowded, Hedge hunters double default-swaps as views split, Large hedge fund positions come under pressure, Vikram Pandit's fund picks 50% stake in JM Financial's realty lending arm for $87m[more]

    George Soros puts $500m of his money on Bill Gross From WSJ.com: Before Bill Gross was fully settled in at his new firm, Janus Capital Group Inc., he received an unlikely visit from the chief investment officer of famed investor George Soros ’s firm, according to a person familiar with t

  2. Greenlight Re CEO says hedge fund reinsurance strategy buzz is validating[more]

    From Artemis.bm: The attention being paid to the hedge fund reinsurance business model and the fact that others are now looking to leverage bits of it within their own strategies, is validating for reinsurer Greenlight Capital Re, according to CEO Bart Hedges. There has been an increasing buzz

  3. Legal - Hedge fund manager fights £8m tax tribunal ruling[more]

    From FT.com: A hedge fund manager who may have to repay £8m in tax is trying to overturn a tribunal ruling that found he had attempted to shelter millions in an avoidance scheme. Patrick Degorce, chief investment officer at Theleme Partners, lost a tax tribunal case last year. HM Revenue & Customs c

  4. Europe - Hedge funds face exit tax as Iceland central bank discusses plan[more]

    From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca

  5. People - Bessemer hires Frank Frecentese for hedge fund advisory role[more]

    From WSJ.com: Multi-family office Bessemer Trust has hired Frank Frecentese to help build out its business advising wealthy families on hedge-fund investments, nabbing him from Societe Generale’s Lyxor asset management arm. Mr. Frecentese, who was the head of hedge-fund investments at Citibank