The alternative UCITS market continued on its strong growth path in February with LuxHedge recording a net inflow of EUR5.8 billion in assets under management, representing solid growth of 1.4 per cent on a monthly basis.
For the second month in a row, multi strategy (+EUR4.6 billion) and fixed income arbitrage (+EUR1.6 billion) funds contributed significantly to the rise in AuM.
With 21 new additions and 10 liquidations, LuxHedge also saw a continued rise in the number of alternative UCITS funds in its database.
The LuxHedge Global Alternative UCITS index increased by 0.24 per cent during February 2017. The largest gains posted for a second month in a row were by the Long/Short (+0.81 per cent) and Event driven (+0.79 per cent) UCITS indices. The Long/Short Europe (+0.45 per cent) and Equity Market Neutral (+0.40 per cent) indices continued on their upward path.
After a drop in January, the Commodity Arbitrage UCITS index rebounded during February (+0.72 per cent) and is now almost flat for the year.
The relatively smaller category of currency arbitrage funds again lost some ground with the Currency Arbitrage Index declining -0.78 per cent in February. The CTA Managed Futures (-0.39 per cent) and Global Macro (-0.12 per cent) indices declined in February.
