Opalesque Industry Update - The UCITS Alternative Index Global is up 0.53% in May and reaches 2.34% since the beginning of the year. The UCITS Alternative Index Funds of Funds performs positively for the fifth consecutive month with a 0.65% performance and is now up 2.25% for the year. All but two strategies are positive this month: the UAI Long/Short Equity posts its second-largest gains this year with 1.53% and is the best YTD performer at 4.77%.|
The second best performing index in May is the UAI Event-Driven, up 1.07% (YTD 1.84%). The UAI Multi-Strategy gains 0.40% in May, making it the third best monthly performing index. With a decline of -1.36% in May the UAI CTA loses most of its April gains (up 1.81%). The UAI CTA is nonetheless the second best YTD performer with gains of 2.71%, outperforming the UAI Multi-Strategy's performance of 2.65%.
UAI Blue Chip: The UCITS Alternative Index Blue Chip is ends May with a positive performance of 0.62%. Long/Short Equity, Macro and Multi-Strategy funds contribute most to this gain. On a year to date basis, the UAI Blue Chip is up 2.49%.
UAIX Indices: Despite a general decline in the last week of May, most UAIX are positive this month. The UAIX Long/Short Equity performs best with a progression of 1.67%. The UAIX Event-Driven (up 0.96%) and the UAIX Macro (up 0.87%) are the next best performers this month. So far this year, the UAIX CTA gains 6.17%, while the UAIX Long/Short Equity is up 5.31% and the UAIX Event-Driven is up 3.98%.