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

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Top 5 Predicted Outcomes Of CalPERS' Hedge Fund Divestment

Sep 22 2014 | 8:35am ET

CalPERS’ announcement to divest of hedge funds has created a significant buzz...

 

Videos

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.