Tue, May 3, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index up 0.43% in August 2010 due to solid gains in first three weeks (2.69% YTD)

Tuesday, September 07, 2010
Opalesque Industry Update — After a strong finish at the end of July the momentum in the UCITS hedge fund universe kept going for the first three weeks in August 2010. Despite a drop in the last week of the month the UCITS HFS Index was able to return 0.43% in August 2010.

The broad index returned 0.22%, 0.24% and 0.29% in the first three trading weeks of August respectively before the last days of the month saw the UCITS HFS Index lose -0.33%. This loss in week 4 of August was mainly due to a negative performance of L/S Equity which lost -0.80% and Arbitrage which lost -0.51%.

From a sub-strategy perspective eight out of the eleven strategies returned positive results. Fixed Income (+2.24%), Credit and Multi Strategy (both +1.83%) enjoyed the best run this month in particular, although Multi Strategy was the only strategy in the index returning positive results week after week.

The three negative strategies L/S Equity (-0.49%), Arbitrage (-0.27%) and Convertible (-0.20%) all were positive after the first three weeks of trading. It were the last days of August in which they all took a big hit and therefore turned negative from a monthly perspective. From a year to date perspective the only negative sub-strategy in the index remains CTA (-2.35%) whose returns of +0.17% in August were not enough to turn things around significantly.

The broad UCITS HFS Index now stands at 2.69% year to date.

(press release)


The UCITS HFS Index Series is the first index family that tracks all UCITS funds using hedge fund strategies. The UCITS HFS Index Series includes all UCITS III funds that apply absolute return strategies, have more than Eur10m of assets under management, offer at least weekly liquidity and have reported numbers for more than one month. Index tracking funds, long-only and 130/30 strategies are excluded.

Full performance table: www.ucitsindex.com

Founded in 2009, the Freienbach-based Swiss 2n20.com AG is a financial service provider specialized in internet based services tailored for the hedge fund industry. It operates the first transparent secondary market platform for trading hedge funds, providing all measures necessary to help clients to conduct transactions safe and quickly. Furthermore 2n20.com AG launched the first index family for hedge funds in UCITS wrapper and acts as index advisor in this regard. www.2n20.com


Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n