Friday, 25 July 2014
Last updated 2 hours ago
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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…