Industry Updates

The Ucits Alternative Index Global down 0.17% for October, up 0.81% year to date

Monday, November 05, 2012

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Opalesque Industry Update - The UCITS Alternative Index Global ends October down -0.17% bringing its year to date performance to 0.81%. The performance of the Funds of Funds universe is also negative for the period with -0.54% for the UCITS Alternative Index Fund of Funds. The year to date performance of the UAI Funds of Funds is -1.90%. Only 5 out of 11 strategy indices return positive performances in October. Best performing indices are the UAI Multi-Strategy and the UAI Emerging Markets up 0.66% and 0.58% respectively. On the negative side, the UAI CTA and the UAI Commodities are the main detractors, down -2.95% and -1.95%. Event-Driven funds, as measured by the UAI Event-Driven, also post important losses (-1.53%). Six UAI benchmarks are now negative on year to date. The worst performer is the UAI CTA, down -4.65%, followed by the UAI Commodities, down -3.65%. The best performing strategies are Fixed Income, up 4.19%, Emerging Markets, up 3.25% and Multi-Strategy, up 2.34%.

UAI Blue Chip: The UAI Blue Chip is down -0.20% in October and up 4.00% on year to date. Emerging Markets and Fixed Income funds are the main performance contributors to the Index this month, while the main detractors are the CTA and Event-Driven funds.

UAIX Indices:

The UAIX Long/Short Equity is the best performer in October, up 1.19%. The next best performers are the UAIX Emerging Markets, up 0.74%, and the UAIX Fixed Income Global, up 0.56%. As for negative strategies, the UAIX CTA and the UAIX Event-Driven are down -2.73% and -1.07%. Since the beginning of the year, the UAIX Fixed Income Developed Markets and Fixed Income Global are the best performers, up 6.50% and 6.47%. They are followed by the UAIX Emerging Markets, up 6.02%, and the UAIX Emerging Markets, up 5.67%.

AUM and Number of Funds: The total assets managed by single UCITS hedge funds increased to EUR 137 billion in October. The UCITS Alternative Index is currently composed of more than 870 constituent hedge funds and funds of hedge funds.

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