Given January’s near-zero performance, February turned in a slightly better set of returns for newcits strategies with the UCITS Alternative Index Global gaininPARA_BREAK_SENTINEL_9f8e7d6c

Given January’s near-zero performance, February turned in a slightly better set of returns for newcits strategies with the UCITS Alternative Index Global gaining +0.31 per cent. Most strategies finished in positive territory, the only ones failing to do so being FX and Emerging Market indices which were down -0.01 per cent and -1.47 per cent respectively. By far February’s best performing index was the UCITS Alternative Index Commodities, capitalizing off high global commodity prices to return an impressive +2.25 per cent to leave it at +3.54 per cent for the year. Overall returns in 2010 were -2.10 per cent, although December gained +2.73 per cent and the rally has certainly continued into 2011. CTA, Fixed Income and Multi-Strategy were the next best performers for February, gaining +0.90 per cent, +0.54 per cent and +0.53 per cent respectively. This puts CTA strategies in pole position YTD with returns of +3.82 per cent having barely returned anything (+0.01 per cent) in 2010, closely followed by Emerging Markets strategies up +3.32 per cent. This year’s laggard by a country mile is the UCITS Alternative Index Fund of Funds, already down -3.52 per cent YTD.