Study Finds UCITS Hedge Funds Hold Their Own

Oct 5 2010 | 2:02pm ET

Non-UCITS-III-compliant hedge funds do not regularly outperform their more heavily regulated siblings, according to new research.

There is no conclusive evidence that UCITS funds do worse on a risk-adjusted basis, according to Nils Tuchsmid, Erik Wallerstein and Louis Zanolin's new working paper. Tuchsmid and Wallerstein work at the Haute Ecole de Gestion in Geneva, Switzerland, while Zanolin works at NARA Capital.

Risk-adjusted is the key word, however, as the study confirms that UCITS funds are substantially less risky than other hedge funds. The study also found some cross-sectional evidence that less-regulated funds do outperform UCITS funds.


In Depth

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...