HFRI-I Liquid Alternative UCITS Indices: September 2023 Performance Notes

10/03/2023 Performance Notes

In September, global financial markets posted sharp declines as bond yields increased under the expectation the US Federal Reserve may have additional rate increases in 2023. Growth, technology, and retail led global equities declines. Regional gains in the UK partially offset index declines led by Germany, France, and Hong Kong. The US Dollar strengthened against most currencies. Oil led Commodity gains as Energy surged; Silver led Metals declines while Soybeans led Agricultural declines.
The HFRI-I Liquid Alternative UCITS Index posted a decline of -0.39% in September.

HFRI-I Macro Index gained +0.37%
HFRI-I Event Driven Index gained +0.23%
HFRI-I Relative Value Index declined -0.45%
HFRI-I Equity Hedge Index declined -0.80%

Comments reference performance as of September 29, 2023