Fri, May 27, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS Alternative Index Global loses 0.40% in August bringing its YTD performance to 1.34%

Tuesday, September 03, 2013
Opalesque Industry Update -
UAI Benchmarks:
The UCITS Alternative Index Global loses 0.40% in August 2013, bringing its year to date performance to 1.34%. Funds of absolute return funds are also down this month (-0.66%) but still up 1.68% for the year. Only two strategy indices are positive in August: the UAI Commodities Index up 0.63% and the UAI Event-Driven up 0.09%. On the negative side the UAI CTA returns the worst monthly performance with -1.42% bringing its year to date performance to -1.92%. Despite its negative performance in August the UAI Long/Short Equity is still the best performing strategy since de beginning of the year with 5.27%. It is followed by the UAI Event-Driven (up 1.84%) and the UAI Multi-Strategy (up 1.50%). As of the end of August, five out eleven strategy indices display positive performances for the year.

UAI Blue Chip:
The UAI Blue Chip is down -0.33% for the month after gaining 1.20% in July and is now up 1.58% for the year. The best performing strategy buckets this months are Fixed Income (up 0.27%) and FX (up 0.11%) while Commodities funds return the lowest performance with -2.21%. Fixed Income and Volatility funds are the only 2 strategies that have provide a positive contribution this month while Multi-Strategy and Emerging Markets are the most important performance detractors with respectively -15bp and -11bp.

UAIX Indices:
Only three out of elven UAIX indices end the month with positive performances. The best performing strategy index are the UAIX Long/Short Equity (up 0.37%), followed by the UAIX CTA with (up 0.23%) and the UAIX Event Driven (up 0.10%). The UAIX Long/Short Equity is also the best performing strategy index for the year with 7.74%. It is followed by the UAIX Event-Driven (up 4.23%) and the UAIX Multi-Strategy (up 2.10%).

AUM and number of funds:
The total assets managed by single UCITS hedge funds increased to EUR 172 billion at the end of August. The UCITS Alternative Index is currently composed of more than 870 UCITS absolute return funds and funds of funds.


The UCITS Alternative Index series is the industry's leading benchmark for the UCITS absolute return funds universe. The UCITS Alternative Index series of indices track the performance of both global and strategy specific UCITS absolute return funds. Index rules and statistics are accessible on the UCITS Alternative Index website www.ucits-alternative.com. UCITS Alternative Index is a registered trademark. Alix Capital is the exclusive Index Provider to the UCITS Alternative Index.

Press release

Bg

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. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America

  4. Emerging markets hedge funds perform strongly, but capital base erodes[more]

    Komfie Manalo, Opalesque Asia: Latin American Emerging Markets and Russian hedge funds lead industry gains in the first months of 2016, posting strong performances through April as global and EM equity, commodity and currency markets surged in recent weeks following steep losses to begin the year

  5. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit