UCITS Hedge Funds Fall In June

Jul 5 2012 | 11:33am ET

UCITS-compliant hedge funds suffered a small loss in June, dumping them further into the red on the year.

The UCITS Alternative Index Global fell 0.23% last month and is down 0.33% on the year. All strategies tracked by the index—save one, fixed-income—were also down in June, and all but four and in the red for the first half.

Commodity trading advisors were hardest-hit in June, losing 1.69% (down 2.02% year-to-date). All other strategies suffered more modest losses, with commodities funds shedding 0.84% (down 2.65% YTD), foreign exchange down 0.69% (down 0.07% YTD), equity market-neutral down 0.51% (down 1.5% YTD) and event-driven down 0.47% (down 0.57% YTD). Some strategies were barely down at all: Multi-strategy funds lost just 0.07% on the month (up 0.46% YTD), emerging markets funds 0.06% (up 0.19% YTD), long/short equity funds 0.04% (down 0.61% YTD) and macro funds 0.02% (down 0.15% YTD).

Fixed-income funds were up 0.3% in June and are up 2% on the year.

UCITS funds of funds lost 0.77% last month and are down 2.39% on the year.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...