Sun, Dec 4, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS Alternative Index Global up 0.5% in September, 2.00% year to date

Thursday, October 03, 2013
Opalesque Industry Update - The UCITS Alternative Index Global advanced by 0.65% in September and is now up 2.00% for the year. The positive performance is due to the good results of Long/Short Equity funds - up 1.61% - as well as Emerging Markets and Event-Driven funds - up respectively 1.19% and 0.93%. September proved to be a more challenging month for UCITS Commodities and UCITS FX funds, down -1.88% and -1.08%. With -0.41% in September UCITS CTA managers record their fifth consecutive month with negative performance and are now down -2.33% for the year.

UCITS Long/Short Equity funds are by far the best performing strategy this year with 6.96%. They are followed by Event Driven funds up 2.79% and Multi-Strategy up 2.14%. On the negative side, three strategy indices are down more the 3% for the year. The UAI Volatility is down -3.36%, the UAI FX -3.31% and the UAI Commodities -3.19%. September is a good month for UCITS funds of funds. They progress by 0.80% and are now up 2.50% for the year. The relative good performance of funds of funds is explained by their large tilt towards Long/Short Equity funds.

UAI Blue Chip: The UAI Blue Chip is up 0.47% for the month and 2.03% for 2013. Emerging Markets and Event Driven funds return the best performance with an average progression of 3.27% and 2.48%. With 26bp Emerging Market funds deliver the largest positive performance contribution, followed by Fixed Income funds with 9bp and Long/Short Equity funds with 8bp.

UAIX Indices: UAIX indices display mixed performance in September with only 7 out of 12 strategy indices ending the month with positive returns. The best performing index is the UAIX Emerging Markets up 1.87%. It is followed by the UAIX Event-Driven and the UAIX Long/Short Equity up 1.29% and 1.12%. The UAIX CTA is the worst performing strategy index this month with -1.36%. Since the beginning of the year the best performing index is the UAIX Long/Short Equity with a progression of 8.86% as of the end of September.

AUM and number of funds:

The total assets managed by single UCITS hedge funds increased to EUR 174 billion at the end of September. The UCITS Alternative Index is currently composed of more than 840 UCITS absolute return funds and funds of 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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released