Sat, Apr 19, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index up 0.39% in September 2010 (+3.05% YTD)

Thursday, October 07, 2010
Opalesque Industry Update - Just like in August the UCITS HFS Index returned +0.39% in September and therefore continues its steady rise for the third month in a row. This result stems from a strong performance in the first week of trading (+0.57%). While week two saw the broad index drop by -0.16%, week three (0.00%) and four (-0.02%) nearly didn’t change the monthly outcome. Although Credit and Fixed Income took severe losses in the second half of the month CTA and Convertible outweighed these successfully, therefore making it look like the broad index didn’t move.

From a sub-strategy perspective the best performing strategies were Convertible (+3.16%), CTA (+2.04%) and L/S Equity (+1.30%). While the latter made most of its gains in the first week of September, Convertible performed incredibly well week after week. CTA on the other hand was negative by -0.72% after the first two weeks of trading before starting its remarkable comeback. The worst performing strategies were Fixed Income (-1.74%), Credit (-1.67%) and Global Macro (-1.21%). Although all of them started positive into the month none of them was able to return positive results thereafter except Global Macro who had a minor profit in week three of September. From a year to date perspective the UCITS HFS Index now stands at +3.05% for 2010.

(press release)

About the UCITS HFS Index
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 10 Mio. € 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.

The indices are calculated on every 5th, 10th and 15th business day and at the end of each month by the index calculator Structured Solutions AG. The results are published on the website www.ucitsindex.com and via the usual vendors.

About 2n20.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

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
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. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an

  5. SEC allows investment funds to use social media[more]

    Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably