AH Equity Long / Short UCITS Index

Equity Long/Short is an investing strategy that seeks to profit from stock specific fundamentals by taking long positions in stocks that are expected to appreciate, and short positions in stocks that are expected to decline. By having both long and short equity positions, funds can benefit from the spread in performance between the longs and shorts, while reducing, but not totally neutralising, the overall level of exposure to the market (the universe in aggregate remains positively correlated to equities). This is a very heterogenous sector with variety of investment styles, investment philosophies, and overarching approach to portfolio construction (leverage, concentration, level of directionality, etc.) being employed, leading to a broader range of potential outcomes.

Strategy AUM
31 December 2023
£27.2b
-21.6% YoY

Performance

Monthly Returns

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD
2024 0.2 1.8 2.0
2023 2.9 -0.9 0.3 0.0 -0.8 1.0 1.2 -0.8 -0.8 -1.2 2.8 1.7 5.4
2022 -2.0 -1.1 -0.1 -1.2 -0.4 -2.3 1.1 -0.3 -2.4 0.8 2.7 -0.3 -5.4
2021 -1.1 2.6 0.9 1.6 0.4 -0.1 -0.5 0.7 -0.5 1.0 -1.4 1.0 4.8
2020 -0.2 -2.5 -5.2 3.6 1.1 1.5 1.3 1.9 -0.6 -0.6 4.2 2.5 6.8
2019 2.1 0.7 0.2 0.9 -1.3 1.2 0.4 -0.5 -0.2 0.3 0.8 1.3 6.1
2018 1.7 -0.9 -0.5 0.4 0.6 -0.4 0.3 -0.3 -0.4 -3.0 -0.6 -1.9 -4.9
2017 1.0 0.3 0.8 0.6 0.9 0.0 0.9 0.5 0.4 0.9 -0.1 0.5 6.9
2016 -2.6 -0.9 0.4 -0.5 0.8 -1.3 1.6 0.3 0.4 -0.4 -0.3 0.7 -1.8
2015 0.9 1.7 0.7 0.7 1.2 -1.2 0.6 -1.4 -1.0 1.4 0.3 0.0 3.8
2014 -0.2 2.1 -1.0 -1.5 0.4 0.3 -0.8 0.9 -0.2 -0.3 1.0 0.0 0.6
2013 2.6 0.8 0.7 0.2 1.3 -1.1 2.4 -0.6 1.2 2.0 1.0 1.3 12.3
2012 2.3 2.2 -0.6 -0.3 -2.9 0.4 0.9 0.6 1.3 0.7 0.6 0.8 6.2
2011 -0.4 -0.1 0.5 0.8 -0.9 -0.4 -0.3 -3.7 -2.4 2.2 -1.7 -0.6 -6.8
2010 -1.2 0.3 1.9 0.2 -3.1 -1.4 1.4 -0.5 3.3 1.4 -0.1 2.4 4.4
Show all
  • Region Global
  • Currency Local Currency
  • Frequency Monthly Rebalancing
  • Methodology Equally Weighted
  • Download Index Return Series

Index Constituents

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Name Inception Date Sub-Strategy Geography AUM AMC Perf. Fee Hurdle Min Inv. Liquidity MTD YTD 2023 1W 1M 3M 6M 1Y 2Y 3Y ISIN Liquidity Domicile Inv. Adviser Portfolio Manager UN PRI Signatory Companywide ESG Policy SFDR ESG Data Integration Active Ownership ESG Exclusion List Return Consistency
Percentile Rank
Performance
Percentile Rank
Diversifier
Percentile Rank
Downside Protection
Percentile Rank
Low Risk
Percentile Rank
Franklin K2 Wellington Technology Long Short UCITS Fund Sep 2019 Directional Global £17m 1.20% 15% 5,000,000 Daily -0.2 6.5 29.0 0.4 -0.1 5.6 21.9 31.6 0.5 -5.2 LU2164518487 Daily Luxembourg Wellington Management John Averill, Bruce Glazer Article 6 12 9 32 2 3
Schroder GAIA Egerton Equity Nov 2009 Directional Global £347m 1.25% 20% 500,000 Weekly 3.2 13.7 14.3 0.2 3.4 13.5 19.6 31.6 19.6 21.6 LU0548375855 Weekly Luxembourg Egerton Capital John Armitage Article 6 29 53 16 6 17
DECALIA Muse Dec 2015 Directional Global £22m 0.90% 10% Daily 2.2 11.3 21.3 -0.4 2.2 10.9 27.2 29.6 12.5 8.3 LU1328694218 Daily Luxembourg DECALIA Asset Management Sandro Occhilupo, Damien We... 28 21 3 1 3
Alkeon UCITS Jul 2011 Directional Global £32m 2.00% 20% 1,000,000 Weekly 2.6 15.0 23.1 -0.2 3.0 15.2 26.0 29.1 1.2 -21.9 IE00BGB6B277 Weekly Ireland Alkeon Capital Management, LLC Takis Sparaggis Article 6 3 1 22 0 0
Aperture European Innovation Fund Dec 2019 Directional Europe £447m 0.30% 30% Yes 100,000 Daily 3.5 15.1 18.9 1.4 3.3 15.1 26.0 27.7 23.5 37.3 LU2077746936 Daily Luxembourg Aperture Investors Anis Lahlou Yes Yes Article 8 Yes Yes N/A 47 83 12 3 14
GAM Star Alpha Technology May 2010 Conservative Global £35m 0.80% 10% No 0 Daily 2.7 7.7 11.6 0.1 3.1 7.8 22.6 27.2 1.6 9.9 IE00BJTCXH70 Daily Ireland GAM Investments Mark Hawtin No No Article 6 No N/A N/A 12 14 33 7 6
Fiera OAKS Emerging and Frontier Opportunities Sep 2013 Directional Emerging Markets £143m 1.50% 20% 500,000 Weekly 2.3 9.0 19.7 0.6 2.7 8.9 10.5 27.1 17.7 47.8 IE00B95L3899 Weekly Ireland Fiera Capital Stefan Bottcher, Dominic Bo... Article 8 61 98 35 16 40
AQR Sustainable Delphi Long-Short Equity UCITS Fund Oct 2018 Directional Global £135m 1.40% 0% No 100,000 Daily 3.0 13.8 15.5 0.1 2.5 13.7 19.7 27.0 28.8 54.2 LU1842777788 Daily Luxembourg AQR Capital Management Andrea Frazzini, Michele Ag... Yes Yes Article 8 Yes Yes Yes 64 97 42 28 51
Incline Global Long/Short Equity UCITS Dec 2015 Directional Global £6m 1.50% 20% No 1,000,000 Daily -0.7 4.5 31.1 -1.0 -0.2 5.0 12.0 26.4 5.4 -11.2 IE00BYSPZ763 Daily Ireland International Asset Managem... Jeff Lignelli Yes Yes Article 6 No N/A N/A 15 3 22 1 2
Argonaut Absolute Return Feb 2009 Directional Europe £120m 0.75% 20% Yes 0 Daily 2.5 11.9 13.8 0.5 1.8 11.8 21.7 24.9 26.2 55.4 GB00B7MC0R90 Daily UK Argonaut Capital Partners Barry Norris No No Article 6 No N/A N/A 67 95 63 90 25
U Access (IRL) Shannon River Oct 2019 Directional US £37m 1.20% 20% 1,000,000 Daily 0.8 3.8 28.6 0.0 0.6 3.7 17.4 21.5 17.8 4.5 IE00BKDRX971 Daily Ireland Shannon River Fund Manageme... Spencer Waxman 14 23 49 17 6
Schroder GAIA SEG US Equity Dec 2011 Directional US £265m 1.40% 20% 1,000,000 Weekly 2.2 9.9 7.5 1.3 2.9 9.4 27.4 21.3 13.8 18.0 LU2500368415 Weekly Luxembourg Select Equity Group, L.P. George S. Loening Article 6 28 63 18 6 17
Schroder GAIA Contour Tech Equity Dec 2017 Conservative Global £141m 1.25% 20% 500,000 Weekly 3.7 7.0 23.8 2.0 3.5 6.7 12.8 21.2 21.7 9.8 LU1725200148 Weekly Luxembourg Contour Asset Management David Meyer Article 6 21 46 66 87 7
Schroder GAIA Sirios US Equity Feb 2013 Directional US £138m 1.50% 20% 500,000 Daily 2.3 7.8 12.4 0.5 2.4 7.9 12.7 20.9 19.7 26.9 LU0885728070 Daily Luxembourg Sirios Capital Management John F. Brennan, Jr. Article 6 65 83 25 22 67
BlackRock Global Long/Short Equity (Lux) Jun 2014 Conservative Global £17m 1.20% 0% No 100,000 Daily 3.9 8.3 10.7 1.1 4.0 8.5 14.8 18.0 21.9 17.1 LU1153525040 Daily Luxembourg BlackRock Investment Manage... Kevin Franklin, Gearoid Nel... Yes Yes Article 6 Yes Yes Yes 71 77 56 75 85
BlackRock Emerging Companies Absolute Return Oct 2018 Conservative UK £260m 1.00% 20% No 10,000,000 Daily 1.8 7.2 12.6 0.4 1.9 7.0 12.0 17.2 9.7 6.4 LU1861218136 Daily Luxembourg BlackRock Investment Manage... Dan Whitestone Yes Yes Article 6 Yes Yes Yes 17 22 24 10 5
Boston Partners Global Long/Short Nov 2017 Directional Global £41m 1.00% 15% 500,000 Daily 4.7 6.4 7.4 0.6 4.1 6.4 11.2 16.7 23.4 42.7 LU1683353343 Daily Luxembourg Boston Partners Global Inve... Christopher K. Hart, CFA an... Article 6 85 98 53 73 74
Liontrust GF European Strategic Equity Feb 2012 Directional Europe £95m 1.00% 20% 5,000,000 Daily 3.3 13.8 1.4 0.5 3.5 13.0 15.2 16.6 24.7 62.6 IE00BLG2W007 Daily Ireland Liontrust Asset Management James Inglis-Jones, Samanth... Article 6 78 99 98 94 63
Alger SICAV - Alger Dynamic Opportunities Fund Aug 2014 Directional US £47m 0.85% 100,000 Daily 0.9 8.9 4.8 0.7 2.0 8.4 19.5 16.5 5.0 -0.7 LU1083693371 Daily Luxembourg Fred Alger Management, LLC Dan Chung, CFA; Greg Adams,... Yes Yes Article 6 No Yes N/A 3 13 23 7 3
Allspring (Lux) Worldwide - Global Long/Short Equity Oct 2017 Directional Global £95m 0.75% 20% 1,000,000 Daily 3.7 8.2 3.6 0.5 4.3 8.6 14.8 16.2 8.7 17.9 LU1699723380 Daily Luxembourg Allspring Global Investments David Krider, Dennis Bein, ... Article 6 38 76 19 13 28
Alliance Bernstein Select Absolute Alpha Portfolio Mar 2012 Directional US £492m 1.00% 20% 500,000 Daily 1.3 6.0 8.6 -0.2 1.6 5.9 11.2 16.0 5.0 13.2 LU0736560284 Daily Luxembourg Alliance Bernstein Kurt Feuerman, Anthony Nappo Article 8 50 73 4 14 50
Carmignac Portfolio Long Short European Equities Nov 2013 Conservative Europe £486m 0.85% 20% No 0 Daily 3.2 12.7 2.0 2.4 3.7 12.9 16.3 16.0 12.4 24.7 LU0992627454 Daily Luxembourg Carmignac Gestion Malte Heininger Yes Yes Article 8 Yes Yes N/A 57 67 90 83 62
Man GLG RI Global Sustainable Growth Alternative May 2021 Conservative Global £13m 1.00% 20% No 1,000,000 Daily 0.7 7.7 9.5 -0.2 0.4 8.0 12.8 15.9 20.7 IE00BNG2T258 Daily Ireland Man Group Plc Rory Powe, Ikitsa Anastasov Yes Yes Article 6 No N/A N/A
Sanlam AI Global Managed Risk UCITS Jun 2013 Conservative Global £38m 0.75% 1,000,000 Daily 1.3 3.2 17.3 0.2 1.3 3.9 9.9 15.5 25.3 33.3 IE00B94Q3M90 Daily Ireland Sanlam AI 88 93 2 13 58
U Access (IRL) Bain Capital Global Equity LS Sustainable UCITS Dec 2021 Conservative Global £52m 1.20% 15% No 5,000,000 Daily 3.3 7.4 5.9 1.1 3.9 7.6 12.7 15.1 6.1 IE000VI1O6T8 Daily Ireland Bain Capital Joshua Ross Yes Yes Article 8 Yes N/A N/A
SWMC European Fund Nov 2011 Directional Europe £46m 1.00% 20% 1,000,000 Daily 6.8 6.1 11.0 1.4 6.5 6.3 9.0 14.9 13.7 21.1 IE00B4LH9995 Daily Ireland S. W. Mitchell Capital Stuart Mitchell 44 87 21 7 27
Janus Henderson European Absolute Return Fund Jan 2009 Conservative Europe £26m 0.75% 20% Yes 3,000,000 Daily 4.0 6.8 7.3 1.7 4.1 6.4 12.1 14.8 14.8 17.8 GB00B3CPX375 Daily UK Janus Henderson Investors John Bennet, Robert Schramm... Yes Yes Article 6 Yes Yes N/A 63 74 30 38 53
Threadneedle Pan European Absolute Alpha Sep 2016 Conservative Europe £33m 0.75% 20% 1,500,000 Daily 1.9 7.5 12.4 0.5 2.8 7.5 19.6 14.8 17.0 17.4 LU1469429549 Daily Luxembourg Columbia Threadneedle Inves... Paul Doyle, Frederic Jeanma... Article 6 33 64 27 13 26
Man GLG Innovation Equity Alternative Dec 2016 Conservative US £71m 1.00% 20% Yes 1,000,000 Daily 0.1 3.2 9.3 0.8 0.6 3.4 7.1 14.7 11.1 2.2 IE00BDRKSX26 Daily Ireland Man Group Plc Mike Corcell, Alex Robarts Yes Yes Article 8 Yes N/A N/A 31 31 83 61 40
SEB Sissener Canopus Apr 2012 Directional Europe £246m 1.10% 20% 1,000,000 Daily 3.2 3.0 5.5 0.6 4.2 3.2 6.3 14.6 15.9 19.1 LU0694232058 Daily Luxembourg Sissener AS Jan Petter Sissener, Bjorn ... 77 88 48 36 49
Man GLG Absolute Value Fund Jun 2017 Conservative UK £333m 0.75% 20% Yes 500,000 Daily 1.1 3.6 9.2 -0.8 1.7 3.8 7.1 14.4 18.9 21.3 GB00BF1X8084 Daily UK Man Group Plc Jack Barrat Yes Yes Article 6 No N/A N/A 87 81 50 55 79
Pictet TR Atlas Titan Oct 2020 Conservative Global £130m 1.10% 20% Yes 1,000,000 Daily 3.6 8.4 6.9 1.2 3.9 8.5 11.7 13.4 11.2 15.4 LU2206555984 Daily Luxembourg Pictet Funds (Europe) S.A. Mathieu Fleck Yes Yes Article 6 Yes Yes Yes 54 69 41 41 67
CRM Long/Short Opportunities UCITS Dec 2015 Directional US £54m 0.75% 15% 50,000,000 Daily 0.9 7.9 5.4 -0.2 1.5 8.5 10.7 13.2 11.4 11.3 IE00BD4DSN47 Daily Ireland Cramer Rosenthal McGlynn, LLC Mimi Morris, Jason Yellin Article 8 45 47 36 14 42
Janus Henderson Horizon Pan European Absolute Return Fund Dec 2006 Conservative Europe £198m 1.00% 20% Yes 1,000,000 Daily 4.4 6.7 4.7 1.8 4.4 6.3 11.5 13.1 9.6 10.3 LU0264597617 Daily Luxembourg Janus Henderson Investors John Bennett, Robert Schram... Yes Yes Article 6 Yes Yes N/A 26 50 32 34 35
Dalton Asia Pacific UCITS Jul 2013 Directional Asia £110m 1.50% 15% No 1,000,000 Daily 0.3 1.5 13.9 1.1 0.6 3.5 3.9 13.0 17.1 19.6 IE00BFXZM553 Daily Ireland Dalton Investments James B. Rosenwald III Yes Yes Article 8 Yes Yes N/A 55 85 64 59 62
Heptagon Kettle Hill US L/S Equity Oct 2017 Conservative US £74m 1.50% 15% 2,000,000 Daily -0.1 1.3 11.1 -0.4 0.3 1.1 9.1 12.4 9.1 8.3 IE00BF1D7H82 Daily Ireland Kettle Hill Capital Management Andrew Kurita Article 6 50 65 45 32 38
MontLake Cooper Creek Partners North America Long Short Equity Nov 2018 Conservative US £402m 1.50% 20% No 100,000 Daily 3.8 3.9 8.9 1.9 3.7 4.0 4.3 12.3 31.0 71.7 IE00BG08P444 Daily Ireland ML Capital Asset Management Rob Schwartz Yes Yes Article 6 No N/A N/A 90 98 80 86 59
BlackRock European Absolute Alpha Fund Mar 2009 Conservative Europe £355m 0.75% 20% No 100,000 Daily 0.7 7.2 6.1 -0.5 0.7 7.1 11.7 12.0 11.8 22.8 GB00B4Y62T40 Daily UK BlackRock Investment Manage... Stefan Gries, Stephanie Bot... Yes Yes Article 6 Yes Yes Yes 47 53 46 37 39
UBS (Irl) Investor Selection - O'Connor China Long/Short Alpha Strategies Sep 2021 Conservative Asia £173m 1.65% 20% No 100 Daily 2.5 9.5 -2.3 0.8 2.3 9.1 11.7 11.9 16.9 IE000PWARWS0 Daily Ireland UBS O'Connor LLC UBS O'Connor LLC No No Article 6 No N/A N/A
Lumyna - MW TOPS UCITS Fund Mar 2009 Conservative Europe £1.9b 2.00% 20% 100,000 Weekly 1.3 4.2 4.7 0.5 1.0 4.8 7.6 11.8 13.0 23.3 LU2367650913 Weekly Ireland Marshall Wace LLP Anthony Clake 97 89 98 80 93
Ennismore Global Equity Fund Oct 2016 Directional Global £143m 2.00% 20% No 15,000 Daily 2.3 2.4 11.4 1.6 2.2 3.1 3.2 11.7 30.0 29.5 IE00BDB52S65 Daily Ireland Ennismore Fund Management Geoff Oldfield, Richard Stu... No No Article 6 No Yes N/A 76 92 72 75 55
Varenne Global Jan 2014 Directional Global £296m 1.10% 15.0% 3,000,000 Daily -8.0 0.0 -5.0 -2.0 11.6 48.8 41.8 LU2358391725 Daily France Varenne Capital Partners Giuseppe Perrone, Marco Sor... 40 79 18 2 13
Neuberger Berman US Long Short Equity Feb 2014 Directional US £154m 1.35% 2,500,000 Daily -0.6 1.3 13.3 -0.8 -0.4 1.6 7.5 11.6 9.4 10.3 IE00BJTCX997 Daily Ireland Neuberger Berman Charles Kantor Article 8 63 58 7 18 56
Banor SICAV Volta Long Short Equity Fund Jul 2011 Directional US £23m 1.40% 17.5% 1,000 Daily 1.3 1.0 4.4 -0.9 1.1 1.2 0.6 11.2 2.4 20.8 LU1082251734 Daily Luxembourg Westbeck LLP Will Smith Article 8 67 92 50 27 45
UBS Global Equity Long-Short Fund Aug 2012 Conservative Global £218m 0.60% 20% 10,000,000 Daily 2.9 6.6 6.1 1.7 2.6 6.6 4.8 11.1 16.0 29.0 IE00B85KLG36 Daily Ireland UBS Asset Management Scott Wilkin, Charles Burbeck Article 6 97 89 56 73 86
BlackRock Global Equity Absolute Return Fund Dec 2018 Conservative Global £21m 1.00% 20% No 10,000,000 Daily 1.4 3.0 9.3 0.2 0.7 3.3 8.0 10.9 8.9 -8.9 LU1908247643 Daily Luxembourg BlackRock Investment Manage... James Bristow, Gareth Williams Yes Yes Article 6 Yes Yes Yes 31 10 34 17 9
Jupiter UK Specialist Equity Apr 2016 Conservative UK £28m 1.00% 20% 10,000 Daily 2.1 6.2 4.7 0.5 2.5 5.6 8.4 10.6 7.3 2.0 IE00BYXJSC96 Daily Ireland Merian Global Investors Tim Service Article 6 29 14 63 57 30
Levendi Thornbridge Defined Fund Jan 2018 Directional Global £110m 0.60% 5,000,000 Daily 1.0 1.9 12.6 0.5 1.1 2.3 6.3 10.4 16.3 21.3 IE00BYV3WJ85 Daily Ireland Levendi Investment Manageme... Thornbridge Investment Mana... 67 86 8 22 53
Portland Hill Fund SICAV - ESG Catalyst Driven Strategy Sep 2014 Directional Global £37m 1.50% 20% No 1,000,000 Daily 2.2 4.5 15.3 0.8 1.2 5.0 13.0 10.4 1.3 -14.9 LU1106978643 Daily Luxembourg Other Thierry Lucas No Yes Article 8 Yes Yes No 2 3 15 2 2
Kairos International SICAV - Italia Jun 2013 Directional Europe £187m 1.90% 3,000,000 Daily 3.0 4.6 10.6 0.8 2.6 4.4 7.4 10.2 9.4 11.4 LU1135138375 Daily Luxembourg Kairos Partners Massimo Trabattoni, Vittori... 56 66 21 12 23
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