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UCITS Alternative Index Global is down -1.81% in August ( -2.55% YTD)

Tuesday, September 06, 2011
Opalesque Industry Update - Following a dreadful month on the markets, the UCITS Alternative Index Global is down in August (-1.81%) bringing its year to date performance to -2.55%. The Fund of Funds Index is down -2.14% reaching -3.27% this year. Except for the Commodities Index, all strategies are down this month. Emerging Markets is by far the worst performing strategy, down -4.71%. The Long/Short Equity Index is down -2.83%, with several of its constituent funds down more than 10% this month. On year to date, all strategies are now negative except for Commodities, which is up 4.28%. The Emerging Markets Index is the worst performing one with -5.38% YTD, followed by the Long/Short Equity Index with -3.89% YTD.

In terms of AUM, the UCITS hedge fund space witnessed a decline of -2.96% in August. The largest drop is observed for the Event-Driven and FX funds, with respectively -11.82% and -6.68% in AUM. At the same time and despite the difficult market environment, Commodities and Emerging Markets funds record an increase of AUM, respectively +3.51% and +1.30%. Funds of Funds continue to attract assets with a progression of 4.79% in August...Full performance table: Source

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