UCITS Hedge Funds In The Black In March

Apr 7 2010 | 10:24am ET

March brought good news to the UCITS regulated universe of hedge funds, with all strategies in the black, according to one index.

The UCITS Alternative Index Global gained 1.64% in March, bringing its year-to-date performance to 1.35%. Last month also saw the Fund of Funds Index rise 0.80%, bringing its performance for the year to 0.54%.

The Emerging Markets and Long/Short Equity strategies were the best performers in March, gaining 3.63% and 2.08%, respectively. The Equity Market Neutral and Event Driven funds achieve the lowest results for the period, both rising 0.47%.

On a year-to-date basis, the Fixed Income Index is the best performing sector with 2.34% while the Commodities Index shows the worst return with -1.23%.

The UCITS Alternative Index aims to track the performance of UCITS III hedge funds and funds of hedge funds. The inception date of the UCITS Alternative Index Global is Jan. 1, 2006, and the inception date of all other indices is Jan. 1, 2008. At the end of March the UCITS Alternative Index had more than 400 constituent funds totaling approximately €70 billion assets under management.

UCITS Alternative Index Performance Summary

 

Mar 10 Feb 10 YTD 2009
UCITS Alt. Index Global 1.64% 0.24% 1.35% 9.27%
UCITS Alt. Index Fund of Funds 0.80% 0.25% 0.54% 1.64%
UCITS Alt. Index Long/Short Equity 2.08% -0.03% 1.74% 10.85%
UCITS Alt. Index Equity Market Neutral 0.47% -0.06% 0.27% -0.57%
UCITS Alt. Index Fixed Income 1.30% 0.40% 2.34% 11.83%
UCITS Alt. Index CTA 1.54% 0.20% -0.35% 0.88%
UCITS Alt. Index Macro 1.62% 0.51% 1.49% 9.61%
UCITS Alt. Index Multi-Strategy 1.06% -0.16% 0.30% 2.25%
UCITS Alt. Index Emerging Markets 3.63% -0.19% 2.20% 34.68%
UCITS Alt. Index FX 0.87% 0.35% 0.68% 1.19%
UCITS Alt. Index Commodities 0.93% 1.48% -1.23% 5.93%
UCITS Alt. Index Event-Driven 0.47% 0.29% 0.76% 4.96%


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...