Alternative UCITS Funds
|
|
- Holly Kelley
- 5 years ago
- Views:
Transcription
1 Alternative UCITS Funds 3rd Quarter 2013 Update
2 Terms of use All intellectual property rights related to the present publication are the exclusive property of MondoHedge S.p.a.. It is forbidden to copy, reproduce, translate, communicate or release the publication, in whole or in part, in any format, even electronic, save for your personal use only. You are allowed to quote and/or make reference to single information and/or tables contained within the publication and to make a copy of single parts of its content in external documents, provided that this activity has not the purpose or the effect of inducing the beneficiary not to purchase the publication due to the elimination of the relevant need. In these cases, you shall precise the source of the data by means of a notice that substantially states: «Alternative UCITS Funds, 3rd Quarter 2013 Update, all rights reserved in favour of MondoHedge S.p.a.». Eventually, even though the data and information collected and made available are constantly verified by MondoHedge qualified personnel, the publication shall not be used as the sole basis of business choices, in relation to which it is always necessary to make scrupulous researches by means of other sources. In this regard, MondoHedge S.p.a. shall not be considered liable for any damage suffered by third parties and arising out of the trust made on the information contained within the present publication.
3 Single manager Alternative UCITS Strategy classification Volatility Trading Index Fixed income Index Active Currency Index Credit Long/ Short Index Emerging Markets Index Relative Value Index Multi strategy Index MA- EURIZON Ucits Alternative Global Index Equity Market Neutral Index Event Driven Index Managed Futures Index For definitions, please go to Long/ Short Equity Index GTAA Index Global Macro Index
4 3 rd quarter 2013: TAKE AWAYS Alternative UCITS market data 109 Euro billion of total assets under management monitored at end of September 2013, up from Euro billion at end of 2Q 2013, 504 funds; 106 Euro billion are managed by Single managers, 3.2 Euro billion by Fund of funds; 18.8% of the assets are managed by Hedge fund boutiques (up 0.5% compared to end of 2Q2013) 81.2% of the assets are managed by Global asset managers; Fixed income (29.6 Euro billion), Long/short equity (15.1 Euro billion) and Equity market neutral (9.6 Euro billion) are the top three strategies by assets managed; 10 new alternative UCITS funds were launched, 23 were liquidated. 26 Asset managers with more than 1 Euro billion in alternative UCITS funds assets represent the 71.6% of the industry. Source: MondoAlternative.
5 3 rd quarter 2013: TAKE AWAYS Alternative UCITS flows Alternative UCITS inflows in 3Q 2013: +3.2 Euro billion, Single managers; +93 Euro million, Fund of funds; +1.1 Euro million for hedge fund boutiques, +2.2 Euro billion for global asset managers; +2.7 Euro billion daily funds, +513 Euro million weekly funds, +73 Euro million fortnightly funds; Long/short equity and Equity market neutral strategies are responsible for the growth of the sector: +2.3 Euro billion and +986 Euro millions of inflows in 3Q 2013 Alternative UCITS performance +0.94% performance (Equal Weighted Index) in 3Q 2013 for single managers (+0.44% Asset weighted Index), YTD performance at +1.74% (Equal Weighted Index),during the same period 3 months Libor performed +0.04%; +1.46% performance (Equal Weighted Index) in 3Q 2013 for funds of funds, +1.32% (Asset weighted Index); 66.5% of the single manager funds performed positively over the 3rd quarter Source: MondoAlternative.
6 ALTERNATIVE UCITS PERFORMANCE REVIEW
7 Single manager Alternative UCITS: Quarterly performance MA-EURIZON Ucits Alternative Global Index Equal Weighted Index 1Q 2Q 3Q 4Q YTD % 1.89% 0.45% 0.81% 4.77% % 1.08% -1.77% -0.16% -2.14% % 3.18% 3.18% 0.60% 8.33% % -1.03% 1.52% 1.69% 3.79% % -0.87% -3.43% 0.11% -4.10% % -1.71% 1.31% 0.67% 2.45% % -0.64% 0.94% 1.74% MA-EURIZON Ucits Alternative Global Index Asset Weighted Index 1Q 2Q 3Q 4Q YTD % -0.74% -2.43% 0.60% -2.78% % -0.88% 1.19% 0.45% 2.70% % -0.95% 0.44% 0.60% Source: / collaboration Eurizon Capital Sgr
8 Fund of Alternative UCITS funds: Quarterly performance MA-EURIZON Ucits Alternative Fund of Funds Index Equal Weighted Index 1Q 2Q 3Q 4Q YTD % 1.45% -5.98% -4.06% -6.19% % 0.63% 0.81% -0.38% 2.20% % -1.81% 0.83% 1.50% 1.67% % -1.07% -3.16% -0.51% -5.10% % -1.72% 0.85% 0.62% 1.64% % -0.96% 1.46% 2.68% MA-EURIZON Ucits Alternative Fund of Funds Index Asset Weighted Index 1Q 2Q 3Q 4Q YTD % -0.89% -2.38% -0.53% -4.07% % -1.31% 0.62% 0.47% 1.68% % -1.18% 1.32% 2.15% Source: / collaboration Eurizon Capital Sgr
9 Single manager Alternative UCITS: Quarterly and 2013 performance (Equal weighted Indices) Long/short equity Event Driven Emerging Markets Gtaa Credit Long/short Relative Value Fixed Income Equity Market Neutral Multistrategy Macro Active currency Volatility Trading -5.18% Managed Futures -4.14% -0.80% -0.12% -1.51% -1.39% -1.92% -1.75% -1.99% 2.25% 3.48% 1.37% 1.28% 0.38% 1.10% 2.11% 1.02% 2.44% 0.66% 1.15% 0.60% 1.85% 0.17% 0.53% 3.24% 8.11% -6.00% -4.00% -2.00% 0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 3Q YTD Source: / collaboration Eurizon Capital Sgr Please visit for a full performance review
10 Single manager Alternative UCITS: Quarterly and 2013 performance (Asset weighted Indices) 2.99% Long/short equity 1.67% Gtaa -0.99% 8.91% Event Driven 1.47% 3.26% Relative Value 1.25% 3.66% Credit Long/short 0.90% 1.36% Equity Market Neutral 0.65% 2.89% Fixed Income -0.15% 0.42% Multistrategy -0.27% 2.37% Emerging Markets -2.78% -0.61% Macro -3.39% -0.93% Managed Futures -4.35% -1.43% Active currency -2.07% -1.80% Volatility Trading -5.77% -2.23% -8.00% -6.00% -4.00% -2.00% 0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 3Q YTD Source: / collaboration Eurizon Capital Sgr Please visit for a full performance review
11 ALTERNATIVE UCITS MARKET DATA
12 Alternative UCITS funds: Assets under management Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 Sep-13 Data in Euro billion. Source: MondoAlternative.
13 Alternative UCITS funds: number of funds Dec-08 Jun-09 Dec-09 Jun-10 Dec-10 Jun-11 Dec-11 Jun-12 Dec-12 Mar-13 Jun-13 Sep-13 Source: MondoAlternative.
14 Single manager Alternative UCITS funds: Assets and flows Dec-2010 Q Q Q Q Q Q Q Q Q Q Q Total assets Net f lows* Data in Euro billion. *estimated data. Source: MondoAlternative.
15 Funds of Alternative UCITS funds: Assets and flows Dec-2010 Q Q Q Q Q Q Q Q Q Q Q Net flows* Total assets Data in Euro billion. * estimated data. Source: MondoAlternative.
16 Single manager Alternative UCITS: Assets by strategy (end of September 2013) Fixed Income Long/short equity Equity Market Neutral Multistrategy Credit Long/short Macro Managed Futures Emerging Markets Volatility Trading Gtaa Relative Value Arbitrage Event Driven Insurance linked securities Active currency Alternative Beta 9.1% 8.6% 6.6% 6.1% 4.4% 4.3% 4.2% 4.0% 3.5% 3.0% 1.3% 0.9% 0.2% 15.3% 28.6% Source: MondoAlternative.
17 Single manager Alternative UCITS: flows* by strategy 3Q 2013 Long/short equity 2,295 Equity Market Neutral 986 Credit Long/short 561 Event Driven Gtaa Multistrategy Relative Value Arbitrage Insurance linked securities 121 Fixed Income 42 Alternative Beta Managed Futures Emerging Markets Active currency Macro -458 Volatility Trading ,500-1, ,000 1,500 2,000 2,500 *estimated data in Euro million. Source: MondoAlternative.
18 Alternative single manager UCITS funds: type of managers (September 2013, by assets managed) Hedge fund boutique 18.8% Global asset manager 81.2% Source: MondoAlternative. A global asset manager is defined as a company managing hedge funds and other types of investments; a hedge fund boutique is a company managing exclusilvely hedge fund strategies.
19 Single manager Alternative UCITS funds: 3Q 2013 flows* by type of manager Global asset manager 2,186 Hedge f und boutique 1,059 * Estimated data in Euro million. A global asset manager is defined as a company managing hedge funds and other types of investments; a hedge fund boutique is a company managing exclusilvely hedge fund strategies. Source: MondoAlternative.
20 Alternative UCITS Funds liquidity terms (end of September) By assets managed By number of funds Weekly 18.6% Fortnightly 0.9% Fortnightly 1.4% Weekly 28.6% Daily 80.4% Daily 70.0% Source: MondoAlternative.
21 Single manager Alternative UCITS: flows* by funds liquidity in 3Q 2013 Daily 2,658 Weekly 514 Fortnightly 73 * Estimated data in Euro million. Source: MondoAlternative.
22 Distribution of Industry Assets by Fund AUM (September 2013) By assets managed By number of funds 5.1% 4.4% > 2.5 Euro billion 0.8% 3.8% 4.4% > 2.5 Euro billion 13.3% 24.2% 1 to 2,5 Euro billion 500 million to 1 billion Euro 250 to 500 Euro million 46.2% 10.4% 1 to 2,5 Euro billion 500 million to 1 billion Euro 250 to 500 Euro million 17.1% 23.6% 100 to 250 Euro million 50 to 100 Euro million 18.8% 100 to 250 Euro million 50 to 100 Euro million 12.2% up to 50 Euro million 15.6% up to 50 Euro million Source: MondoAlternative.
23 Alternative UCITS funds: launches and liquidations Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q 3Q Q 2013 Launches Liquidations Source: MondoAlternative.
24 New launches and liquidations by strategy in 3Q 2013 Active currency Alternative beta Credit long/short Emerging Markets Equity Market Neutral Fixed income Fund of funds Gtaa Long/short equity Macro Managed futures Multistrategy Relative Value Arbitrage 1 Liquidations Launches Source: MondoAlternative.
25 Funds domicile (end of September 2013) Luxembourg Ireland France Great Britain Austria Germany Italy Lietchenstein Spain 6.0% 6.6% 3.8% 0.9% 2.2% 1.3% 1.8% 0.8% 1.6% 0.0% 0.4% 0.1% 0.4% 12.3% 26.9% 23.4% 57.4% 54.2% by assets by number Source: MondoAlternative.
26 Asset manager domicile (end of September 2013) Great Britain Switzerland U.S.A. France Germany Italy Sweden Austria Luxembourg Spain Others 4.7% 5.8% 3.6% 1.1% 1.4% 0.9% 2.6% 0.8% 3.6% 0.2% 1.6% 0.3% 1.6% 8.1% 10.7% 11.4% 14.7% 15.8% 19.6% 18.7% 31.3% 41.7% by assets by number Source: MondoAlternative.
27 MondoAlternative MondoAlternative MondoAlternative, who has born from the ten-year experience of MondoHedge, is the first and only Italian multimedia provider of financial information entirely dedicated to alternative investments. Today MondoAlternative online and offline services ranges from Hedge funds to Real estate, Private equity and Commodities, thus embracing all the alternative investments segment. MondoAlternative offers the following services on its website - access to a Database with reports of quantitative and qualitative analysis for all the Italian hedge funds, more than offshore hedge funds, investible indices and alternative UCITS funds; - indices of the Italian FOHFs and of the alternative UCITS funds made in collaboration with Eurizon Capital; - news about Hedge funds to Real estate, Private equity and Commodities. The editorial products are the monthly magazine MondoAlternative in Italian and the quarterly magazine MondoAlternative in English version, plus periodical dossiers about specific topics. Contact: Tel info@mondoalternative.com
Alternative UCITS Funds
Alternative UCITS Funds 1st quarter 2014 update Terms of use All intellectual property rights related to the present publication are the exclusive property of MondoHedge S.p.a.. It is forbidden to copy,
More informationAlternative UCITS & Hedge Funds workshop
Alternative UCITS & Hedge Funds workshop Moderator: Panelists: Christopher Stuart Sinclair, Director, Deloitte Donna Hutchings, Managing Director, Citco Fund Services (Singapore) Régis Malcourant, Partner,
More informationAnalysis of Collective Investment Schemes licensed by the Malta Financial Services Authority
Analysis of Collective Investment Schemes licensed by the Malta Financial Services Authority 2017 Page 1 of 21 Malta Financial Services Authority Disclaimer The Malta Financial Services Authority (MFSA)
More informationJune Analysis of Collective Investment Schemes licensed by the Malta Financial Services Authority MFSA-PUBLIC
Analysis of Collective Investment Schemes licensed by the Malta Financial Services Authority June 2018 Page 1 of 22 Malta Financial Services Authority Disclaimer The Malta Financial Services Authority
More informationTrends in the European Investment Fund Industry. in the Fourth Quarter of Results for the Full Year of 2016
Quarterly Statistical Release March 2017, N 68 This release and other statistical releases are available on Efama s website (www.efama.org) Trends in the European Investment Fund Industry in the Fourth
More informationHedge Funds under Fire. For how long? Building Competence. Crossing Borders.
Hedge Funds under Fire. For how long? Building Competence. Crossing Borders. Prof. Dr. Peter Meier, Head Centre for Asset Management HFM Allocator Network: Summit Zurich, September 15, 2016 Overview: Hedge
More informationTrends in the European Investment Fund Industry. in the Third Quarter of 2018
Quarterly Statistical Release December 2018 N 75 This release and other statistical releases are available on Efama s website (www.efama.org) Trends in the European Investment Fund Industry in the Third
More informationSales and results of operations Group
Sales and results of operations Group Progress in the quarter Assets under management increased by SEK 25 Bn, up 18% Both fixed and variable earnings increased The increase in operating profit is driven
More informationRetailisation of non-harmonised funds EU Commission Study
Retailisation of non-harmonised funds EU Commission Study EDHEC Alternative Investment Days 2008 9-10 Contents I. Context II. Key Highlights III. Conclusions I. Context 1. Background to the study 2. Objectives
More informationBlackstone Alternative Alpha Fund (BAAF)
Blackstone Alternative Alpha Fund (BAAF) Blackstone For Accredited Investors Only As of February 29th, 2016 Investment approach Blackstone Alternative Alpha Fund ( BAAF or the Fund ) is a closed end registered
More informationGlobal Macro & Managed Futures Strategies: Flexibility & Profitability in times of turmoil.
Global Macro & Managed Futures Strategies: Flexibility & Profitability in times of turmoil. Robert Puccio Global Head of Macro, Quantitative, Fixed Income and Multi-Strategy Research For attendees at the
More informationTrends in the European Investment Fund Industry. in the Fourth Quarter of Results for the Full Year of 2017
Quarterly Statistical Release March 2018 N 72 This release and other statistical releases are available on Efama s website (www.efama.org) Trends in the European Investment Fund Industry in the Fourth
More informationTrends in the European Investment Fund Industry. in the Third Quarter of 2017
Quarterly Statistical Release December 2017 N 71 This release and other statistical releases are available on Efama s website (www.efama.org) Trends in the European Investment Fund Industry in the Third
More informationPanel Discussion: Europe at the Crossroads
Panel Discussion: Europe at the Crossroads Markus Brunnermeier Paul Krugman Hyun Song Shin Christopher Sims October 24th, 2011 Department of Economics and Griswold Center for Economic Policy Studies 1
More informationBoussard & Gavaudan Convertible A compartment of Boussard & Gavaudan SICAV
Boussard & Gavaudan Convertible A compartment of Boussard & Gavaudan SICAV UCITS by Boussard & Gavaudan Asset Management MARCH 2018 NEWSLETTER * Share class NAV per Share Month to Date Performance Year
More informationHong Kong s Experience
Cross Border Issues IMF Conference on Operationalizing Systemic Risk Monitoring Washington, D. C. 26 May 21 Hong Kong s Experience Dong He Executive Director (Research) Hong Kong Monetary Authority 1 Outline
More informationTrends in the European Investment Fund Industry. in the Third Quarter of 2016
Quarterly Statistical Release December 2016, N 67 This release and other statistical releases are available on Efama s website (www.efama.org) Trends in the European Investment Fund Industry in the Third
More informationInternational Statistical Release
International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org). Worldwide Investment Fund Assets and Flows Trends in the
More informationSEPA Single Euro Payments Area
SEPA Single Euro Payments Area Credit Transfer Scheme for Outgoing Payments your guide to: Terms and Conditions for Outgoing Payments Our Fees and Charges Terms and Conditions for Outgoing Payments Single
More informationObservatory for Management Companies 2018 Barometer
www.pwc.lu/management-companies Observatory for Management Companies 2018 Barometer Asset & Wealth Management Community 2 Table of contents Luxembourg Management Companies snapshots...3 PwC ManCo Index...4
More informationM&G Investments. Michael McLintock and Grant Speirs
M&G Investments Michael McLintock and Grant Speirs Agenda M&G Group strategic overview Michael McLintock M&G s results and the industry Grant Speirs Business outlook and summary Michael McLintock 2 About
More informationTrends in the European Investment Fund Industry. in the First Quarter of 2017
Quarterly Statistical Release June 2017, N 69 This release and other statistical releases are available on Efama s website (www.efama.org) Trends in the European Investment Fund Industry in the First Quarter
More informationBlackstone Alternative Alpha Fund (BAAF)
Blackstone Alternative Alpha Fund (BAAF) Blackstone For Purchase by Accredited Investors Only As of March 31, 2017 Investment approach Fund net performance 1, 2, 3 Blackstone Alternative Alpha Fund ( BAAF
More informationBoussard & Gavaudan Convertible A compartment of Boussard & Gavaudan SICAV
Boussard & Gavaudan Convertible A compartment of Boussard & Gavaudan SICAV UCITS by Boussard & Gavaudan Asset Management APRIL 2018 NEWSLETTER * Share class NAV per Share Month to Date Performance Year
More informationMorgan Stanley Wealth Management Due Diligence Meeting
Morgan Stanley Wealth Management Due Diligence Meeting Industry Trends in Product & Asset Management Hugh Prendergast, Head of Strategic Product and Marketing, Western Europe and International 24 26 April
More informationThe Italian Asset Management market
key figures 23 December 2013 1. Summary statistics Open-end funds Mandates The recent mkt recovery, some tentative explanations 2. The European Investment Fund Industry Net assets & sales by fund / fund
More informationEuropean Investment Fund Venture Capital Portfolio. Performance EIF own resources Vintage and Team Location As at 30/06/17
European Investment Fund Venture Capital Portfolio Performance EIF own resources Vintage and Team Location As at 30/06/17 Context All data provided comprise the performance of investments made using EIF
More informationInternational Statistical Release
International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org) Worldwide Investment Fund Assets and Flows Trends in the
More informationThe Italian Asset Management market
key figures Presentation to the Board of Directors October 9th 2012 Alessandro Rota 1. Summary statistics Focus on open-end funds Focus on mandates 2. The European Investment Fund Industry Net assets &
More informationTrends in the European Investment Fund Industry. in the Fourth Quarter of Results for the Full Year 2014
Quarterly Statistical Release February 2015, N 60 This release and other statistical releases are available on efama s website (www.efama.org) Trends in the European Investment Fund Industry in the Fourth
More informationQ Interim report January-March 2017
Q1 217 Interim report January-March 217 Sales and results of operations Group Progress in the quarter Income and profit both generated from a broader base spanning more parts of Catella Generally higher
More informationSCANIA INTERIM REPORT JANUARY SEPTEMBER 2004
1 November 2004 The first nine months of 2004 turned out well, and volume rose in practically all markets. The new truck range has been well received by customers and the trade press. The changeover of
More informationPioneer Alternative Investments Funds of Hedge Funds. Mark Barker. Co-CIO Pioneer Alternative Investments FOHFs May 2008
Pioneer Alternative Investments Funds of Hedge Funds Mark Barker. Co-CIO Pioneer Alternative Investments FOHFs May 2008 Evolving World of Investment Choices Traditional Investments Traditional Alternatives
More informationThe Luxembourg Fund industry Facts and Figures. 7 October, 2009
The Luxembourg Fund industry Facts and Figures 7 October, 2009 AGENDA 1. Worldwide Fund industry 2. European landscape 3. Luxembourg market 4. Luxembourg : hub for cross border distribution Agenda 1. Worldwide
More informationCorporate taxes and intellectual property
Corporate taxes and intellectual property Rachel Griffith and Helen Miller Corporate tax reform Corporate Tax Reform: Delivering a More Competitive System HM Treasury (Nov 2010) competitive stable provide
More informationHFR Market Microstructure Industry Report Year End 2013 Copyright All rights reserved.
NEW HEDGE FUND LAUNCHES FALL AS TOP HFRI PERFORMERS SURGE Hedge Fund Research, Inc. Launches lowest since 2010, highest liquidations since 2009; Top performers lead decile dispersion to highest level in
More informationTHOMSON REUTERS LIPPER
THOMSON REUTERS LIPPER EUROPEAN FUND INDUSTRY REVIEW H1-2017 Please attribute the content to Detlef Glow, Head of EMEA Research at Thomson Reuters Lipper and the author of this report. EXECUTIVE SUMMARY
More informationTrends in the European Investment Fund Industry. in the First Quarter of 2013
Quarterly Statistical Release May 2013, N 53 This release and other statistical releases are available on efama s website (www.efama.org) Trends in the European Investment Fund Industry in the First Quarter
More informationEDHEC Alternative Investment Days London 10 December 2008
Alteram Optimal Equity: Enhancing a Core-Satellite Model with Hedge Funds François Rimeu, Co-Manager, UFG Alteram EDHEC Alternative Investment Days London 10 December 2008 1 Summary Company overview 3
More informationOnline Insurance Europe: BEST PRACTICES & TRENDS
Online Insurance Europe: S & TRENDS NEW EDITION 2015 Your Benefits EUROPE S S & TRENDS: The first and only analysis of the current online insurance best practices in all of Europe. Over 100 best practices,
More informationEuropean Smart Beta ETF Market Trends Q in brief
LYXOR ETF Research APRIL 217 OR PROFESSIONAL CLIENTS WITHIN THE MEANING OF MARKETS IN FINANCIAL INSTRUMENTS DIRECTIVE 24/39/EC. IT IS NOT DIRECTED AT RETAIL CLIENTS. 1 European Smart Beta ETF Market Trends
More informationThe Italian Asset Management market
key figures Research Department 1. Overview Open-end funds: AuM, flows & Asset classes Open-end funds: Distribution Mandates and the insurance market 2. The European Investment Fund Industry Net assets
More informationAIMA/PwC Global Distribution Survey 2017/ Contact Details
1. Contact Details 1. Please supply the following basic identifying information. Data from this survey will only be presented in the aggregate and will not be attributed to any specific person or firm.
More informationTrends in the European Investment Fund Industry. in the First Quarter of 2018
Quarterly Statistical Release June 2018, N 73 This release and other statistical releases are available on Efama s website (www.efama.org) Trends in the European Investment Fund Industry in the First Quarter
More informationThe Italian Asset Management market
key figures Research Department 1. Overview Open-end funds: AuM, flows & Asset classes Open-end funds: Distribution Mandates and the insurance market 2. The European Investment Fund Industry Net assets
More informationPrime Capital AG. Company Profile March 2018
Company Profile Executive Summary Diversified Business across 5 Segments Founded in 2006 as asset manager and financial services firm: Total Assets of ca. EUR 10.4 billion Company owned by management
More informationThe Italian Asset Management market
key figures Research Department 1. Overview Open-end funds: AuM, flows & Asset classes Open-end funds: Distribution Mandates and the insurance market 2. The European Investment Fund Industry Net assets
More informationInternational Statistical Release
International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org). Worldwide Investment Fund Assets and Flows Trends in the
More informationBoussard & Gavaudan Convertible A compartment of Boussard & Gavaudan SICAV
Boussard & Gavaudan Convertible A compartment of Boussard & Gavaudan SICAV UCITS by Boussard & Gavaudan Asset Management FEBRUARY 2018 NEWSLETTER * Share class NAV per Share Month to Date Performance Year
More informationBlackstone Alternative Alpha Fund (BAAF)
Blackstone Alternative Alpha Fund (BAAF) Blackstone For Accredited Investors Only As of July 31, 2017 Investment Approach Fund Performance 1, 2, 3 Blackstone Alternative Alpha Fund ( BAAF or the Fund )
More informationRENAULT GROUP CHEUVREUX AUTUMN CONFERENCE. RENAULT GROUP 20th, SEPTEMBER 2012 RENAULT PROPERTY
RENAULT GROUP CHEUVREUX AUTUMN CONFERENCE DISCLAIMER Information contained within this document may contain forward looking statements. Although the Company considers that such information and statements
More informationMonthly European ETF Market Trends 2013 in brief
LYXOR ETF BAROMETER JANUARY 214 Monthly European ETF Market Trends 213 in brief Lyxor ETF Marlène Hassine Head of ETF Research +33 1 42 13 59 56 marlene.hassine@lyxor.com 213 has been another strong year
More informationInternational Statistical Release
International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org) Worldwide Investment Fund Assets and Flows Trends in the
More informationSYSTEMATIC GLOBAL MACRO ( CTAs ):
G R A H M C A P I T A L M A N G E M N T G R A H A M C A P I T A L M A N A G E M E N T GC SYSTEMATIC GLOBAL MACRO ( CTAs ): PERFORMANCE, RISK, AND CORRELATION CHARACTERISTICS ROBERT E. MURRAY, CHIEF OPERATING
More informationA B S O L U T E R E T U R N
A B S O L U T E R E T U R N Jupiter Global Absolute Return SICAV June 2016 James Clunie Head of Strategy, Absolute Return Fund Management Director ON THE PLANET TO PERFORM 1 Jupiter Absolute Return Strategy
More informationJanuary 2005 Euro-zone external trade deficit 2.2 bn euro 14.0 bn euro deficit for EU25
42/2005-23 March 2005 January 2005 Euro-zone external trade deficit 2.2 14.0 deficit for EU25 The first estimate for euro-zone 1 trade with the rest of the world in January 2005 was a 2.2 billion euro
More informationEuroland Bond How to generate excess returns in a challenging interest rate environment
Euroland Bond How to generate excess returns in a challenging interest rate environment Standish is a brand of BNY Mellon Asset Management North America Corporation Thant Han, Director and Senior Portfolio
More informationETF Flows Slow, But Fly Past Annual Record
Informed Investor: Money Monitor December 1 By Marlène Hassine Konqui, Head of ETF Research and Kristo Durbaku, ETF Research Analyst ETF Flows Slow, But Fly Past Annual Record European ETF market flows
More informationMarket Briefing: European Interest Rates
Market Briefing: European Interest Rates September, 7 Dr. Edward Yardeni -97-7 eyardeni@ Debbie Johnson -- djohnson@ Mali Quintana -- aquintana@ Please visit our sites at www. blog. thinking outside the
More informationPrime Capital AG. Company Profile October 2018
Company Profile Executive Summary Diversified Business across 5 Segments Founded in 2006 as asset manager and financial services firm: Total Assets of ca. EUR 10 billion Company owned by management with
More informationThe Italian Asset Management market
key figures Research Department 1. Overview Open-end funds: AuM, flows & Asset classes Open-end funds: Distribution Mandates and the insurance market 2. The European Investment Fund Industry Net assets
More informationJune 2014 Euro area international trade in goods surplus 16.8 bn 2.9 bn surplus for EU28
127/2014-18 August 2014 June 2014 Euro area international trade in goods surplus 16.8 bn 2.9 bn surplus for EU28 The first estimate for the euro area 1 (EA18) trade in goods balance with the rest of the
More informationFirst estimate for 2011 Euro area external trade deficit 7.7 bn euro bn euro deficit for EU27
27/2012-15 February 2012 First estimate for 2011 Euro area external trade deficit 7.7 152.8 deficit for EU27 The first estimate for the euro area 1 (EA17) trade in goods balance with the rest of the world
More informationJune 2012 Euro area international trade in goods surplus of 14.9 bn euro 0.4 bn euro surplus for EU27
121/2012-17 August 2012 June 2012 Euro area international trade in goods surplus of 14.9 0.4 surplus for EU27 The first estimate for the euro area 1 (EA17) trade in goods balance with the rest of the world
More informationThe Italian Asset Management market
key figures Research Department 1. Overview Open-end funds: AuM, flows & Asset classes Open-end funds: Distribution Mandates and the insurance market 2. The European Investment Fund Industry Net assets
More informationREFINITV. EUROPEAN FUND FLOWS REPORT: September 2018
REFINITV EUROPEAN FUND FLOWS REPORT: September 2018 Please attribute the content to Detlef Glow, Head of EMEA Research at Lipper and the author of this report. EXECUTIVE SUMMARY September 2018: A grim
More informationA Real Value Investment Process DB Platinum CROCI Funds
Deutsche Asset & Wealth Management Celebrating 10 years of CROCI Funds A Real Value Investment Process DB Platinum CROCI Funds To be read in conjunction with the relevant Key Investor Information documents.
More informationThe Brave New World of Hedge Funds in Asia Paul Smith Hong Kong, May 2011
The Brave New World of Hedge Funds in Asia Paul Smith Hong Kong, May 2011 Introduction Shape of the Global Industry Shape of the Asian Industry Winners and Losers in Asian Hedge funds Foreign vs Local
More informationRC & MARKETING ALTERNATIVE FUNDS IN EUROPE: A CHANGED LANDSCAPE. risk compliance RISK & COMPLIANCE MAGAZINE
R E P R I N T RC & risk compliance & MARKETING ALTERNATIVE FUNDS IN EUROPE: A CHANGED LANDSCAPE REPRINTED FROM: RISK & COMPLIANCE MAGAZINE JAN-MAR 2015 ISSUE RC & risk & compliance Visit the website to
More informationFlash Note Europe monetary and credit
FLASH NOTE Flash Note Europe monetary and credit TLTRO no more bets! Pictet Wealth Management - Asset Allocation & Macro Research 27 February 218 The ECB launched a second series of TLTROs in March 216
More informationREFINITIV. EUROPEAN FUND FLOWS REPORT: March 2019
REFINITIV EUROPEAN FUND FLOWS REPORT: March 2019 Please attribute the content to Detlef Glow, Head of EMEA Research at Lipper and the author of this report. EXECUTIVE SUMMARY March 2019: European Investors
More informationAMETHYST ARBITRAGE FUND (& TOPAZ MULTI-STRATEGY FUND)
AMETHYST ARBITRAGE FUND (& TOPAZ MULTI-STRATEGY FUND) An alternative source of portfolio stability & added-value OVERVIEW Sept. 2013 This presentation refers to the Amethyst Arbitrage Fund, the vehicle
More informationGUIDELINE SOLACTIVE Europe US Selection INDEX. Version dated as of 29 th October 2015
GUIDELINE SOLACTIVE Europe US Selection INDEX Version dated as of 29 th October 2015 CONTENTS Introduction 1 Index specifications 1.1 Short name and ISIN 1.2 Initial value 1.3 Distribution 1.4 Prices and
More information3A Alternative Funds. 3A Multi Strategy Fund (USD, EUR, CHF, GBP)
3A Alternative Funds is a SICAV (Société d'investissement à Capital Variable) established under of the Luxembourg Law of 20 December 2002 and authorised for public distribution in Switzerland as a fund
More informationSales and results of operations Group
Sales and results of operations Group Progress in the quarter Total income increased by 2% and operating profit increased by 126% to SEK 112 million The increase is driven by increased assets under management
More informationI-4 UC Absolute Return (AR) Program
I-4 Committee on Investments/ Investment Advisory Group November 2, 2010 Hedge Fund Industry Update FY 2009/2010 Consistent growth has returned to the hedge fund industry following the market turmoil of
More informationPrime Capital AG. Company Profile March 2019
Company Profile Executive Summary Diversified Business across 5 Segments Founded in 2006 as asset manager and financial services firm: Total Assets of EUR 14.7 billion Company owned by management with
More informationDBEU Xtrackers MSCI Europe Hedged Equity ETF
Xtrackers MSCI Europe Hedged Equity ETF ETF.com segment: Equity: Developed Europe - Total Market Competing ETFs: HEZU, DBEZ, FLEH, HFXE, DEZU Related ETF Channels: Developed Europe, Total Market, Currency
More informationGLG Partners, Inc. THIRD QUARTER 2008 UPDATE
GLG Partners, Inc. THIRD QUARTER 2008 UPDATE NOVEMBER 10, 2008 FORWARD-LOOKING STATEMENTS This presentation contains statements relating to future results (including certain projections and business trends)
More informationCommunication on the future of the CAP
Communication on the future of the CAP The CAP towards 2020: meeting the food, natural resources and territorial challenges of the future Tassos Haniotis, Director Agricultural Policy Analysis and Perspectives
More informationHOW DO YOU DEFINE YOUR BORDERS? THE MODERN INDEX STRATEGY. msci.com
HOW DO YOU DEFINE YOUR BORDERS? THE MODERN INDEX STRATEGY msci.com MSCI DELIVERS THE MODERN INDEX STRATEGY The MSCI EAFE Index is designed to represent the performance of large- and mid-cap securities
More informationTHREADNEEDLE UK EQUITY FUND RANGE GROWTH STRATEGIES
THREADNEEDLE EQUITY FUND RANGE GROWTH STRATEGIES CORE FUND Threadneedle Fund MID-CAP EXPOSURE Threadneedle Mid 250 Fund HIGH CONVICTION Threadneedle Select Fund ENHANCED ALPHA Threadneedle Extended Alpha
More information2013 Final Results For the year ended 31 December 2013
Value Partners Group Limited Incorporated in the Cayman Island with limited liability A company listed on the Hong Kong Stock Exchange Stock code: 806 HK 2013 Final Results For the year ended 31 December
More informationInternational Statistical Release
International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org) Worldwide Investment Fund Assets and Flows Trends in the
More informationmonthly statistics bulletin issue december
monthly statistics bulletin issue 112 - december 2012 DISCLAIMER Athens Exchange (ATHEX) makes all efforts to keep all published information updated and accurate. The information is to be seen as general
More informationJanuary 2014 Euro area international trade in goods surplus 0.9 bn euro 13.0 bn euro deficit for EU28
STAT/14/41 18 March 2014 January 2014 Euro area international trade in goods surplus 0.9 13.0 deficit for EU28 The first estimate for the euro area 1 (EA18) trade in goods balance with the rest of the
More informationThe British rate of workplace fatal injury for all industries combined is lower than in other EU member states, and lower than in the USA.
Workplace Injury: Comparison of Great Britain with Europe and the USA Summary Individual countries define and report workplace injuries in different ways. In 1991 HSE undertook its own analysis of injury
More informationTrends in the European Investment Fund Industry. in the Fourth Quarter of and. Results for the Full Year 2011
Quarterly Statistical Release February 2012, N 48 This release and other statistical releases are available on efama s website (www.efama.org) Trends in the European Investment Fund Industry in the Fourth
More informationLIQUID ALTERNATIVES. Why Ireland for Alternative UCITS. irishfunds.ie
LIQUID ALTERNATIVES Why Ireland for Alternative UCITS irishfunds.ie INTRODUCTION Undertakings for Collective Investment in Transferable Securities (UCITS) are a universally recognised global funds brand
More informationThe Italian Asset Management market
key figures Research Department 1. Summary statistics Open-end funds Mandates A snapshot of the insurance market The recovery, some tentative explanations 2. The European Investment Fund Industry Net assets
More informationHedge Funds and Alternative Investments
Hedge Funds and Alternative Investments A Two Day course This course can also be presented in-house for your company or via live on-line webinar The Banking and Corporate Finance Training Specialist Course
More information3 Labour Costs. Cost of Employing Labour Across Advanced EU Economies (EU15) Indicator 3.1a
3 Labour Costs Indicator 3.1a Indicator 3.1b Indicator 3.1c Indicator 3.2a Indicator 3.2b Indicator 3.3 Indicator 3.4 Cost of Employing Labour Across Advanced EU Economies (EU15) Cost of Employing Labour
More informationThe Italian Asset Management market
key figures Research Department 1. Summary statistics Open-end funds Mandates A snapshot of the insurance market The recovery, some tentative explanations 2. The European Investment Fund Industry Net assets
More informationFUNDMARKET INSIGHT REPORT
FUNDMARKET INSIGHT REPORT MAY 214 LAUNCHES, LIQUIDATIONS, AND MERGERS IN THE EUROPEAN MUTUAL FUND INDUSTRY, Q1 214 CHRISTOPH KARG Content Specialist for Germany & Austria Executive Summary As of the end
More information3 Labour Costs. Cost of Employing Labour Across Advanced EU Economies (EU15) Indicator 3.1a
3 Labour Costs Indicator 3.1a Indicator 3.1b Indicator 3.1c Indicator 3.2a Indicator 3.2b Indicator 3.3 Indicator 3.4 Cost of Employing Labour Across Advanced EU Economies (EU15) Cost of Employing Labour
More informationThe Italian Asset Management market
key figures Presentation to the Board of Directors 18 June 2013 Alessandro Rota 1. Summary statistics Open-end funds Mandates 2. The European Investment Fund Industry Net assets & sales by fund / fund
More informationComposition of capital IT044 IT044 POWSZECHNAIT044 UNIONE DI BANCHE ITALIANE SCPA (UBI BANCA)
Composition of capital POWSZECHNA (in million Euro) Capital position CRD3 rules A) Common equity before deductions (Original own funds without hybrid instruments and government support measures other than
More informationSecond estimate for the third quarter of 2008 EU27 current account deficit 39.5 bn euro 19.3 bn euro surplus on trade in services
STAT/09/12 22 January 2009 Second estimate for the third quarter of 20 EU27 current account deficit 39.5 bn euro 19.3 bn euro surplus on trade in According to the latest revisions1, the EU272 external
More informationQuarterly Investment Update First Quarter 2017
Quarterly Investment Update First Quarter 2017 Market Update: A Quarter in Review March 31, 2017 CANADIAN STOCKS INTERNATIONAL STOCKS Large Cap Small Cap Growth Value Large Cap Small Cap Growth Value Emerging
More informationD D
D D D D D D EDM Strategy European Equities Return Date: 28/02/2018 Portfolio Date: 28/02/2018 Snapshot Category Custodian / Administrator Auditor Domicile UCITS 5 Years Risk-Reward Time Period:
More information