Thursday, 28 May 2015
Last updated 1 hour ago
Nov 6 2012 | 11:15am ET
UCITS-compliant hedge funds topped US$170 million in assets under management last month, even as such funds posted negative returns.
The regulation-friendly hedge funds now boast €137 million (US$175 million) in assets.
But the UCITS Alternative Index Global fell 0.17% in October, bringing its year-to-date number down to 0.81%. Those figures are both better and worse than the average hedge fund, which lost more ground in October but has returned substantially more on the year.
UCITS funds of funds did even worse, losing 0.54% on the month and 1.9% on the year.
Multi-strategy and emerging-markets funds did best in October, returning 0.66% (2.34% year-to-date) and 0.58% (3.25% YTD), respectively. Commodity-based funds, as measured by the UAI CTA and UAI Commodities indices, fell 2.95% and 1.95%, respectively. Those funds are down 4.65% and 3.65% on the year, respectively. Fixed-income funds are the best performers on the year, up 4.19%.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…