Citywire - For Professional Investors

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Newcomers to Alt Ucits ratings revealed

Newcomers to Alt Ucits ratings revealed

Four managers gained a Citywire Alternative Ucits rating at the end of November at a time when the sector is going through consolidation.

A total of 33 managers now have a Citywire Alt Ucits rating and the newly rated managers include Anthony Clarke and Alan Hofmeyer who manage the MLIS Marshall Wace TOPS Ucits (Mkt Ntrl) EUR C Acc fund. The managers gained a AA rating for a market neutral strategy which aims to hedge forms of market risk.

According recent data, demand for Alt Ucits funds is slowing as the number of new strategies being launched is in steady decline. Only two of the thirteen overall strategies included in the Alt Ucits universe experienced inflows in the third quarter of this year and these were market neutral and managed future funds.

Giuseppe Di Stefano who manages the Alessia Absolute Return Macro R obtained an A rating for his global macro strategy as did GAM's Gifford Combs, who manages a long/short equity strategy through the GAM Star Global Selector EUR Acc.

As Roberto Cantaluppi of Arkos has lost his AAA rating due to underperformance on his World Invest - Absolute Financials fund, Giles Lenoir and César Zeitouni of Exane regained their A-rating for the Exane Funds 1 - Archimedes A USDExane Funds 1 - Archimedes A fund.

In other moves, these managers went to a AAA rating from AA:

These managers went to a AA rating from A:

At the end of the third quarter this year, the Alternative Ucits sector had €84.7 billion in assets under management.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Rafael Matamoros
Rafael Matamoros
4/5 in Mixed Assets - Flexible Other (Performance over 3 years) Average Total Return: 4.08%
Gilles Lenoir
Gilles Lenoir
35/65 in Alternative UCITS - Market Neutral (Performance over 3 years) Average Total Return: -5.22%
Roberto Cantaluppi
Roberto Cantaluppi
58/65 in Alternative UCITS - Market Neutral (Performance over 3 years) Average Total Return: -14.46%
Charles-Henri Nême
Charles-Henri Nême
10/65 in Alternative UCITS - Market Neutral (Performance over 3 years) Average Total Return: 3.83%
César Zeitouni
César Zeitouni
68/140 in Alternative UCITS - Long/Short Equity (Performance over 3 years) Average Total Return: -1.16%
John Armitage
John Armitage
38/140 in Alternative UCITS - Long/Short Equity (Performance over 3 years) Average Total Return: 2.15%
Giuseppe Distefano
Giuseppe Distefano
14/31 in Alternative UCITS - Global Macro (Performance over 3 years) Average Total Return: 0.10%
Lee King Fuei
Lee King Fuei
55/115 in Equity - Asia Pacific Excluding Japan (Performance over 3 years) Average Total Return: 18.98%
Robin Parbrook
Robin Parbrook
8/115 in Equity - Asia Pacific Excluding Japan (Performance over 3 years) Average Total Return: 32.27%
Anthony Clark
Anthony Clark
Ben Fox
Ben Fox
Frédéric Cohen
Frédéric Cohen
Hugh Hendry
Hugh Hendry