Mon, Nov 30, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS Alternative Index Global starts year on positive note, up 1.03%

Monday, February 04, 2013
Opalesque Industry Update - The UCITS Alternative Index Global starts the year on a positive note with a progression of 1.03%. The UCITS Alternative Funds of Funds Index performs even better advancing by 1.31%. Nine out of 11 strategies return positive performances this month: with a gain of 1.98% the UAI Long/Short Equity is the best performing index. The UAI CTA records its third consecutive month of gain, up 1.96%. The other best UAI performers are the UAI Emerging Markets (up 1.69%), the UAI Multi-Strategy (up 1.28%) and the UAI Commodities (up 0.80%). On the negative side, the UAI Volatility is down -1.41% while the UAI Event-Driven retreats by -0.15%.

UAI Blue Chip:
In January 2013, the UCITS Alternative Index Blue Chip progressed by 1.18%. The Index benefits from positive performances across most of its strategy buckets. Long/Short Equity, Multi-Strategy and Macro each contribute 20bp to the Index monthly performance. The Volatility and Commodities buckets were negative contributors on average.

UAIX Indices:
A majority of UAIX outperform their UAI counterparts this month. The UAIX CTA is the best performer with 2.63%, leading the way in front of the UAIX Long/Short Equity, up 2.13% and the UAIX Emerging Markets, up 1.65%. The UAIX Macro, FX, Fixed Income and Volatility all outperform their benchmarks in January, as opposed to the UAIX Commodities which loses -0.09% in absolute terms.

In 2012, all the UAIX indices beat their respective UAI benchmarks. The UAIX that most outperformed their benchmarks over the period were the UAIX Volatility, which outperformed the UAI Volatility by 7.76%, and the UAIX Macro which outperformed the UAI Macro by 4.18%.

AUM and number of funds:
In 2012, all strategies attracted assets. Fixed Income recorded the largest inflows, followed by Multi-Strategy and Macro. In January 2013, the total assets managed by single UCITS hedge funds increased to EUR 141 billion in 2013. The UCITS Alternative Index is currently composed of more than 880 constituent UCITS hedge funds and funds of hedge funds.

Press release

Performance table:

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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November