Wed, Mar 29, 2017
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. Opalesque Exclusive: FS Investments launches energy fund[more]

    Bailey McCann, Opalesque New York: $19 billion Philadelphia-based FS Investments has launched a new interval fund which will invest in energy. The FS Energy Total Return Fund is the firm's first closed-end interval fund and will invest opportunistically in energy companies and assets. FS

  2. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  3. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  4. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  5. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less