Sat, Sep 5, 2015
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. Opalesque Exclusive: New Detroit-based CTA seeks to take advantage of coming volatility[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging manager has just set up his one-man shop in the city of Detroit. Synchronicity Futures,

  2. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  3. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  4. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

  5. Launches - BlackRock’s McKenna starts hedge fund with $270m, Ex-BlueBay fund managers Phillips, Fayman to launch hedge fund in 2016, Dallas lawyer, Wall Street-savvy doctor team up to form biotech-focused hedge fund[more]

    BlackRock’s McKenna starts hedge fund with $270m From Bloomberg.com: BlackRock Inc. has started an event-driven hedge fund one year after hiring Harvard Management Co.’s Mark McKenna to run the strategy. Global Event Partners, which seeks to profit from corporate events such as takeovers

 

banner