Mon, Feb 8, 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 - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  2. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  3. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  4. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  5. HFRU Hedge Fund Composite Index down -2.58% in January[more]

    Global financial markets posted sharp losses in January led by declines in Oil and global equities, though steep intra-month losses in both were narrowed by strong gains in final trading days of the month. Global equities posted steep declines for the month led by Biotechnology, Energy, Financial, E