Sun, Feb 14, 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. Asia - Hedge fund manager Kyle Bass estimates China's foreign reserves below critical level[more]

    From Nasdaq.com: Investor Kyle Bass stepped up his attack on China's currency, arguing in an investor letter distributed Wednesday that the second-largest economy's foreign reserves are "already below a critical level." The comments mark the latest effort by hedge funds and other investors to raise

  2. Investing - Some hedge funds want to make subprime auto loans next big short, 11 hedge funds that are “all in” on the FANG stocks, Hedge funds short London luxury homes, Cynet raises $7 million from U.S. hedge fund[more]

    Some hedge funds want to make subprime auto loans next big short From Bloomberg.com: A group of hedge funds, convinced they have found the next Big Short, are looking to bet against bonds backed by subprime auto loans. Good luck finding a bank willing to do the trade. Money manage

  3. Investing - Hedge funds see selloff in European bank stocks as buying opportunity[more]

    From WSJ.com: The massive selloff in European bank stocks and bonds is overdone and presents a “phenomenal” buying opportunity, according to some of Europe’s top hedge-fund managers. Despite a 28% slump in European bank stocks this year, including a 38% fall in Deutsche Bank AG and a 34% drop in Soc

  4. Legal - Carlyle accused of fraud by ex-employee, Hedge funds win CDS breach of contract suit against Deutsche Bank, Hedge fund asks for OK on $27.5m Goldman CDO deal, SFO examines Barclays hedge fund profits[more]

    Carlyle accused of fraud by ex-employee From AI-CIO.com: A former portfolio manager claims he was fired for blowing the whistle on “crazy” and “irresponsible” investments. Carlyle Group has been sued by a former portfolio manager for one of its hedge funds, who accused the firm of “knowi

  5. Illiquid assets are all the rage for hedge funds[more]

    From Valuewalk.com: …Institutional investors are increasingly turning to illiquid assets and active management strategies to combat macroeconomic trends, anticipated market volatility and diverging monetary policy, according to a new survey by Blackrock. And this week, Bloomberg has reported that at