Fri, May 6, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index gains +0.40% in February 2011 due to strong start

Thursday, March 03, 2011
Opalesque Industry Update - After the loss taken in January the UCITS HFS Index reported positive numbers again for February 2011. This was due to a very strong start into the month, as after the first week of trading the broad index was up +0.75% already. Things slowed down after that with most sub-strategies being nearly flat in week two resulting in gains of +0.03% only. Although week three saw more movement the result of the broad index was a rather moderate +0.13%. It were the political uncertainties in week four though that mixed up things, but the loss of -0.52% was still not dramatic enough to turn the UCITS HFS Index negative from a monthly perspective.

From a sub-strategy perspective the top performers were Convertible (+1.40%), Multi Strategy (+1.09%), Credit and CTA (both +0.78%). Out of the eleven sub-strategies only two returned negative results: Currency lost -0.10% and Arbitrage -0.03%. While the former only turned negative in the last week of trading the latter was negative the first three weeks in February and was the only strategy to return a positive result in the last week of February. From all funds tracked in the broad UCITS HFS Index 70.09% were positive this month. Although 2011 is still young it looks like it could be a good year for Convertible which accumulated +2.80% in 2011 so far. The broad UCITS HFS Index now stands at +0.11% year to date.

(press release)

Source kb

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. 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

  2. Opalesque Exclusive: Hedge fund talent, fees take a hit at the Milken Global Conference[more]

    Bailey McCann, Opalesque New York: It's been a rough year for hedge funds and now, even other managers are panning them. "Frankly, I’m blown away by the lack of talent," was Point 72 CEO Steven Cohen's assessment of trying to find candidates to hire in the investment business at a panel o

  3. Hedge funds fell in April as alternative UCITS surge in Europe[more]

    Komfie Manalo, Opalesque Asia: Hedge funds shed more in April with the Lyxor Hedge Fund Index down 0.9% during the month (-2.8% YTD), but there was some good news with alternative UCITS showing strong inflows in Europe. In its Weekly Briefing, Lyxo

  4. Global hedge funds recover in April on resurging energy commodities[more]

    Komfie Manalo, Opalesque Asia: Global hedge funds recovered in April with the HFRX Global Hedge Fund Index gaining +0.41% last month (-1.47% YTD), while the HFRX Market Directional Index gained +5.31% during the same

  5. AIG lost $349m in hedge fund portfolio in Q1[more]

    Komfie Manalo, Opalesque Asia: Large US insurance group AIG lost a net $183m for the first quarter 2016, year-on-year. The group blames the loss on the impact of market volatility on investments, as well as net realised capital losses and restructuring costs. Its hedge fund portfolio made a n