In summary…
Since their inception in 2007[1], alternative UCITS, a.k.a. alt UCITS, liquid alternatives, or UCITS hedge funds have been popular with investors.
The broadening of investment possibilities in UCITS funds brought hedge fund-like investment strategies to a wider investor base
Looking at alt UCITS v hedge fund returns from 2013 onwards a huge performance gap opens out between alt UCITS and hedge funds.
Alt UCITS have an average total return over the period of 35.6%, and hedge funds have an average total return of 69.4%.
Multi-strategy hedge funds vastly outperformed alt UCITS by 70.4% over the period.
