Alix Capital Launches Investable Single-Strategy UCITS Indices

Feb 21 2012 | 7:46am ET

Geneva-based Alix Capital has launched a family of investable indices tracking single UCITS hedge fund strategies.

The UAIX indices will track commodities, CTAs, fixed income, long/short equity and volatility. Each index is composed of six to 15 underlying UCITS hedge funds and rebalanced quarterly. The objective, according to an Alix statement, is to “replicate and outperform each respective UCITS Alternative Index benchmark.” To be included in a UAIX index, funds must be UCITS compliant, manage at least €30 million and accept new investments.

Alix, which also provides the UCITS Alternative Index family, says the indexes are based on its proprietary systematic model. They are built using UCITS compliant methodology and are designed to offer weekly pricing.

Said Alix Capital CEO Louis Zanolin in a statement: “The UAIX indices have been developed in response to investors’ demand for single-strategy UCITS hedge funds investable benchmarks. After months of research we are very proud to release this innovative UCITS hedge funds index family. While the first investment solutions based on the UAIX indices have already been launched via dedicated managed accounts, we are currently working with third-party financial products providers to build investment solutions linked to the UAIX indices. The creation of single-strategy replicable benchmarks such as the UAIX indices is a natural evolution of the ever developing UCITS hedge funds industry.”

Alix Capital is an investment company specializing in regulated alternative investments.


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