CIFC nears positive 12-month returns

Ucits funds have started 2021 on a quiet note as 72% of funds achieved a positive return but only a quarter of those pushed above the 1% mark. CIFC’s Global Floating Rate Credit Fund pressed ahead, returning 1.99% and moving its 12-month return towards the black at -1.74%. Advent Global Partners Ucits Fund is the top 12-month performer, standing at 15.21%, with Algebris Global Opportunities Fund on 11.86%.