HFRI-I Liquid Alternative UCITS Indices: December 2021 Performance Notes

12/31/2021 Performance Notes

Global financial markets gained in December to conclude a strong 2021, as Oil surged and equities recovered early intra-month declines from fears of spreading Omicron coronavirus variant. Global equity markets posted strong gains for the month, led by US & European large caps with strength in Energy, Cyclical and Healthcare. US interest rates increased as supply chain shortages continued to drive inflationary pressures, while the US Dollar was mixed, falling against the British Pound, Euro and Swiss Franc, while rising against the Japanese Yen. Commodities also surged led by Oil, Metals gains were led by Aluminum & Copper while Agriculturals were led by Lumber & Soybeans. Hedge Funds posted gains to conclude 2021.
The HFRI-I Liquid Alternative UCITS Index posted a gain of +1.11% in December.

HFRI-I Equity Hedge Index gained +1.01%
HFRI-I Event Driven Index gained +0.30%
HFRI-I Macro Index posted a gain of +2.25%
HFRI-I Relative Value Arbitrage Index gained +1.01%

Comments reference performance as of December 31, 2021