More than 75% of alternative UCITS funds reported negative
performance for the week ending 11 May 2012, according to
figures from the Absolute UCITS database.
The median for the 372 single manager funds was down 51 basis
points for the reporting period. The Absolute UCITS Single
Manager Composite Index finished April down 0.39%, taking
its year-to-date return down to 2.28%.
The LFP JKC China Value Fund,...