Thu, May 7, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS Alternative Index loses 1.37% in June, gaining 0.94% year to date

Tuesday, July 02, 2013
Opalesque Industry Update - In June, the UCITS Alternative Index Global loses -1.37% as most strategies suffer from the broad market correction. Its year to date performance stands now at 0.94%.

The funds of funds perform slightly worst with -1.85% for the UAI Funds of Funds Index. The UAI Funds of Funds is now up 1.24% since the beginning of the year. With the exception of Equity Market Neutral and Commodities, all single strategies lose ground this month. The UAI Emerging Markets return the lowest return (down -3.08%), followed by the UAI CTA and the UAI Macro, respectively down -2.70% and -2.15%. The UAI Long/Short Equity is negative for the first time this year with -1.31%.

Similarly, the UAI Fixed Income posts its first monthly losses (-0.68%). On a year to date basis, the UAI Long/Short Equity is the best performing strategy index with an increase +3.39%. The next best performers are the UAI Multi-Strategy (up 1.28%) and the UAI Equity Market Neutral (up 0.64%).

UAI Blue Chip:

The UCITS Alternative Index Blue Chip ends June with losses of -1.78%, one of its largest monthly drawdown since inception. Emerging Markets and CTA funds contribute most to this drop while commodities, equity market neutral and volatility are the only positive strategies this month. The UAI Blue Chip is now up 0.71% since the beginning of the year.

UAIX Indices:

With the exception of the UAIX Commodities and UAIX Equity Market Neutral all UAIX end the month with negative performance. The UAIX Macro and the UAIX CTA post large losses, down -4.31% and -4.03%. The UAIX Emerging Markets also declines (-3.98%), mainly driven by the drop in emerging markets equities. The UAIX Long/Short Equity loses -1.54% in June but remains the best performer for the year with +3.77%. It is followed by the UAIX CTA (up 2.68%) and the UAIX Event-Driven (up 2.14%).

AUM and number of funds:

The total assets managed by single UCITS hedge funds increased to EUR 162 billion. The UCITS Alternative Index is currently composed of more than 860 constituent UCITS 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. SEC charges funds of hedge funds Alpha Titans, executives, and auditor for improper expense allocations[more]

    Update: Please note the important updated information at the end of the article.The Securities and Exchange Commission today announced charges against a Santa Barbara, Calif.-based hedge fund advisory firm and two executives involved in improper allocations of fund assets to pay undisclose

  2. Avenue Capital raises $700m for new energy hedge fund[more]

    Komfie Manalo, Opalesque Asia: Global hedge fund Avenue Capital Group, which manages $13bn in assets as at end March, reported that it raised an additional $700m for a new energy fund that it plans to launch in May. Avenue Ca

  3. Opalesque Exclusive: Carne establishes non-EU ManCo in Jersey[more]

    Benedicte Gravrand, Opalesque Geneva: For those managers who will not domicile their fund in the European Union (EU) and yet want to distribute it in the EU – especially the UK –, going under the wing of an AIFMD-compliant ManCo on the Channel Islands could be one of the ways to do it. Ch

  4. Opalesque TV: Aequam Capital: Asset management industry will be mainly quantitative going forward[more]

    Benedicte Gravrand, Opalesque Geneva: Before starting his boutique in 2010, Arnaud Chretien, co-founder and CIO of Aequam Capital, worked ten years as a market trader and 18 years as a quantitative and systematic fund manager for Soc

  5. Class-action lawsuit accuse hedge fund Standard General of holding American Apparel hostage[more]

    Komfie Manalo, Opalesque Asia: A shareholder class-action suit filed on Wednesday accused New York-based hedge fund Standard General of holding American Apparel hostage. It would reportedly reap huge benefits if the clothing company declared bankruptcy. Standard General is the controlling sto

 

banner