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October 15, 2011
UFG AM fixed income funds ranked in Barclay Hedge August Top 10
We are very pleased to announce that in these highly challenging and volatile markets two fixed income funds of UFG Asset Management, UFG Debt Fund (rouble and pan CIS exposure investment grade corporate bond exposure) and UFG Credit Opportunities Fund (dollar quasi-sovereign debt) were recognized among Top 10 best performing Emerging Markets – Eastern European funds according to Barclay Hedge as of month-end August. Barclay Hedge Alternative Investment Database is a reputable source for proprietary research in the field of alternative investments.
UFG Debt Fund was ranked # 4 in the Emerging Markets - Eastern Europe/CIS category for August 2011. We are particularly proud that our timely currency hedges resulted in the Fund losing only 50bps, despite the fact that the RUB lost -4.6% against the USD in August. As of September end UFG Debt Fund was +5.1% YTD vs. the Russian market was down over -25% for the year.
UFG Credit Opportunity Fund was ranked # 8 in the Emerging Markets - Eastern Europe/CIS category for August 2011 with YTD performance basically flat of only -99pbs which confirmed the Fund’s ability to protect conservative institutional investors’ capital which comprises 100% of the Fund.
Despite the marginal MTD loss, we feel the risk management initiatives that we adopted following the 2008-2009 financial crisis have served our investors well.
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BLOOMBERG # 1
UFG Russia Select Fund ranked in Bloomberg Emerging Markets Top-10 »
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UFG`S INVESTOR TRIP TO RUSSIA
UFG Asset Management hosted its 2nd annual Investor Trip to Russia, May 25-27, 2011 »
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UFG AM & DEUTSCHE BANK
Deutsche Bank to increase stake in Deutsche UFG Capital Management to 100 per cent »
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BARCLAY HEDGE
UFG AM fixed income funds in Barclay Hedge Top 10 »
