Opalesque Industry Update - The UCITS Alternative Index Global is up a healthy 1.18% in October 2013 and reaches 3.20% since the beginning of the year. As for last month, the good performance is explained by the strong results of long/short equity managers up 1.85% on average. However the best performing strategy index in October is the UAI CTA up 2.20%. The UAI Multi-Strategy, UAI Emerging Markets and UAI Macro are also up more than 1%. Commodities and Volatility are the only two strategies displaying negative performance for the month with -0.46% and -0.43%.|
Since the beginning of the year the UAI Long/Short Equity returns the best performance with a progression of 8.94%. Coming next are the UAI Multi-Strategy Index and the UAI Event-Driven up respectively 3.71% and 3.44%. On the negative side the UAIX Volatility displays the worst performance for the year with -3.77%.
Funds of funds also enjoy a positive month of October with a progression of 0.86% for the UAI Fund of Funds and bringing its year to date performance to 3.38%.
UAI Blue Chip
AUM and number of funds