Weekly Update: UCITS Alternative Index Blue Chip Down

The UCITS Alternative Blue Chip Index is down -1.07% this week, ending the month with a negative performance of -1.47%. All strategies are down for the week, with Commodities (-7.49%) and Emerging Markets (-4.21%) the worst performers. This has been a rough month for those two strategies as they experience their worst drawdowns since the beginning of the year.

Apart from Commodities and Emerging Markets, Event-Driven is down -1.38% while other strategies lie between -1% and 0%. In total, only 10 out of the 50 constituent funds of the Blue Chip Index are positive this week.

About Alex Akesson

Alex has been specializing in hedge fund and alternative investment news since April 2006. Working mainly in research and manager interviews, she has published breaking news on the hedge fund industry on her blog, as well as several industry publications. Her access to hedge fund managers gives her insight into news stories as well, and the ability to track press releases and other breaking news in real time.
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