Wed, Dec 13, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UAI Global up 0.53% for May, 2.34% year to date

Monday, June 03, 2013
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%.

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. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. Launches - Ex-BlueCrest team to open over $200m hedge fund, Greg Coffey, a hedge fund star who retired at 41, is eyeing a comeback, Brevan Howard plans Greek funds as bond rally signals revival[more]

    Ex-BlueCrest team to open over $200m hedge fund From Bloomberg.com: A team of traders who left BlueCrest Capital Management earlier this year raised more than $200 million for their own hedge fund focused on Asian stocks, according to a person familiar with the matter. Ovata Capital Manag

  3. North America - Miami could attract hedge funds if SALT deductions axed[more]

    From Law360.com: For years, inertia has been Nitin Motwani's greatest foe in his attempts to lure hedge fund owners in the northeast to Miami, which he has pitched as a tropical low-tax paradise. But with the Republican tax bill proposing to eliminate deductions for state and local taxes, he's sensi

  4. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa

  5. Opalesque Exclusive: Credit Suisse Asset Management's NEXT Investors leads $6M Series A round for LUX Technology and Services[more]

    Bailey McCann, Opalesque New York: Credit Suisse Asset Management's NEXT Investors has led a $6 million Series A funding round for LUX Technology and Services, a business and technology solutions provider for the alternative assets industry. The investment will be used to fuel growth of Trans