UCITS Alternative Index Down 0.44% on Event-Driven Losses, Remains up 0.45% YTD

Sep 30 2015 | 5:42pm ET

The UCITS Alternative Index Blue Chip, which tracks the performance of the largest and most representative absolute return UCITS funds, fell a further 0.44% in the week ending September 30, according to new data from Switzerland-based index provider Hedgeanalytics AG. 

The result brings the measure’s month-to-date and year-to-date returns to -0.18% and +0.45%, respectively. The index lost 1.23% in August.

Of the twelve UAIX substrategies, only three were in the green for the period – UAIX CTA, up 1.98%, UAIX Equity Market Neutral, up 0.09%, and UAIX Volatility, up 0.46%. 

Otherwise, it was a tough week all around. Event driven strategies were hardest hit, falling 4.5% in the period, followed by 0.90% declines in the UAIX Long/Short Equity and UAIX Macro indices. The UAIX Event-Driven index is now down -10.84% for the year to date, followed closely by a -7.10% loss in UAIX Commodities. 

UAIX Multi Strategy remains in the lead for the year to date, up 3.52%. 

The UAIX Alternative Index series benchmarks the UCITS absolute return funds universe, tracking the performance of both global and strategy-specific UCITS absolute return funds. 

In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...