Fri, Jul 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UAI Global Index up +1.06% in February; (+0.68% YTD)

Wednesday, March 05, 2014
Opalesque Industry Update - UAI Benchmarks

UCITS absolute return funds display a healthy monthly performance in February with a progression of 1.06% for the UAI Global Index. With the exception of two, all strategies are up for the month. Similar as in January the best performing one is Long/Short Equity up 2.14%. It is followed by CTA up 1.27% and by Event Driven and Emerging Markets both up 0.95%. With -0.28% and -0.08% Volatility and FX are the worst performing strategies in February. The UAI Long/Short Equity is the best performing index since the beginning of the year with an average progression of 2.05%. It is followed by the UAI Event-Driven and UAI Equity Market Neutral respectively up 1.07% and 1.00%.

UAIX Indices

Most UAIX strategy indices advance this month. The best performing ones are the UAIX Long/Short Equity up 2.80%, the UAIX Event-Driven up 2.44% and the UAIX Equity Market Neutral up 1.45%. These three indices are also the best performing once since the beginning of the year with progression of 3.15% for the UAIX Long/Short Equity and respectively 2.00% and 1.33% for the UAIX Equity Market Neutral and UAIX Event Driven. On the negative side the UAIX CTA is still lagging since the beginning of the year with a performance of -4.38%.

UAI Blue Chip

The UAI Blue Chip advances by 0.24% during the last week of the month and ends February up 0.64%. The best performing strategies this month are Event Driven up 3.52%, Long/Short Equity up 1.91% and Equity Market Neutral up 1.11% while Commodities, FX and Multi-Strategy return the worst results with -1.18%, -1.08% and -0.11%. The UAI Blue Chip is now up 0.16% since the beginning of the year.

Number of funds and AUM

The total assets managed in UCITS absolute return funds advances by EUR 12 billion in February and crosses the EUR 200 billion mark for the first time to reach EUR 207 billion. Fixed Income and Long/short Equity funds display the largest progression in absolute terms with monthly inflows of EUR 5.5 billion and EUR 3.1 billion respectively. In relative terms the largest progression is achieved by Event-Driven funds with an increase of close to 10% for the month. On the other hand and as a consequence of their recent poor performances Volatility fund assets drop by 7% to EUR 3.7 billion.

UAI Indices

Press Release

BM

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. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  2. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  3. Chesapeake Partners to liquidate hedge fund amidst 'hostile environment'[more]

    Komfie Manalo, Opalesque Asia: Chesapeake Partners Management, the hedge fund run by woman fund manager Traci Lerner said it would return investors’ money after 25 years because the market environment has become "hostile" to manage other people’s money, reported

  4. Europe - George Soros says Brexit has ‘unleashed’ a financial markets crisis, Brexit—what we know, Will the UK’s departure be a ‘soft-Brexit’ or a ‘hard-Brexit’?, Brexit: Six-point action plan for asset managers[more]

    George Soros says Brexit has ‘unleashed’ a financial markets crisis From Bloomberg.com: Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Bruss

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.