New York (HedgeCo.net) – The UCITS Alternative Blue Chip Index is up 6 bp this week, ending the month down -1.10%. The Commodities bucket had yet another bad weekly performance (-2.89%) following last week’s drawdown of -4.89%. Emerging Market and Macro funds, respectively up 1.23% and 0.42%, record the best weekly performances.
On a month to date basis, 9 out of 10 strategies are down, resulting in a negative performance of -1.10% for the Blue Chip Index. Macro, Long/Short Equity and Event-Driven strategies contribute each to a loss of 20 bp. CTA is the only positive strategy this month (up 0.42%) contributing to a 2 bp gain on the Blue Chip Index monthly performance.
At mid-year, the Blue Chip Index is down -1.21%. Fixed Income (0.34%), Emerging Markets (0.11%) and FX (0.04%) are the only positive strategies on YTD.
