Opalesque Industry Update - UAI Benchmarks|
Most UCITS absolute return funds return negative performances in March 2014. The UAI Global which tracks the performance of more than 700 single UCITS absolute returns funds is down -0.33% for the period. Funds of funds also experience a difficult period with -0.65% and are now up 0.21% since the beginning of the year. Despite the challenging market environment Multi-Strategy and Fixed Income funds finish the month with positive performance up 0.41% and 0.10% respectively. The worst results are achieved by CTA and Event-Driven managers with -1.10% and -0.59%. Long/Short Equity funds are the best performing funds since the beginning of the year with a progression of 1.50%. They are followed by Fixed Income and Equity Market Neutral funds with up 0.80% and 0.77%.
UAI Blue Chip
Number of funds and AUM