UCITS 2013 Returns Even Worse Than Hedge Funds

An alternative investment strategy, UCITS funds have gained popularity in recent years, and investors have flocked to these vehicles in search of higher liquidity and transparency. Put simply, UCITS hedge funds are vehicles that use hedge fund strategies while following the UCITS directives of the European Union. This allows them a wider customer base by the using a single domicile based in any of the Eurozone countries. While the bulk of UCITS are owned by European-based managers (86%), a smaller percentage (12%) are also run by managers based in the U.S.

Opalesque‘s July issue of UCITS Intelligence covers the performance of UCITS hedge funds through this year so far and also...