Tue, Feb 20, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index continues downward trend with -0.36% in April (+1.83% YTD)

Wednesday, May 09, 2012
Opalesque Industry Update - The UCITS HFS Index declined in value for the second time in 2012 by posting a loss of -0.36% in April. In the first week of trading the broad UCITS HFS Index experienced a small setback of -0.03%, however, the second week was the major driving force behind the negative performance of April 2012 leading to a loss of -0.33% during that week. Performance-wise week three resembled week one as the broad UCITS HFS Index took a small loss of -0.05%. It was only in week four that the UCITS HFS Index was able to catch up some of the earlier weeks’ losses by gaining +0.05%, not enough though to end the month on a positive note.

From a sub-strategy perspective only two out of the twelve strategies posted positive returns in April, compared to three strategies with positive returns in March. The best performing strategies were Credit (+0.41%) and Fixed Income (+0.35%), both of which had been positive in March as well. Credit gained throughout April with the exception of week two, where it lost -0.12% and Fixed Income managed to have a positive performance in the first and last week of April, loosing -0.19% in week two and -0.01% in week three. The three worst performing strategies were Convertible (-1.12%), Commodity (-0.88%) and Global Macro (-0.78%). While Commodity lost money in three out of four weeks, Global Macro earned positive returns in two out of four weeks. Convertible, however, was negative throughout the whole month of April, its largest setbacks being week one (-0.34%) and week two (-0.35%). From a year to date perspective the broad UCITS HFS Index now stands at +1.83% in 2012.

(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 friday and at the end of each month by the index calculator Structured Solutions AG. The results are published by the index advisor 2n20.com AG on the website www.ucitsindex.com and via the usual vendors.

fg

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. Chenavari, a $5.4bn hedge fund, told investors it thinks 'we could experience a similar pattern as the 1987 crash'[more]

    From Businessinsider.com: A $5.4 billion hedge fund told clients markets could tumble just like they did in the 1987 crash. In a February 14 letter to clients, London-based Chenavari Investment Managers warned about current market conditions. From the letter (emphasis added): "Our view is that

  2. Investing - Hedge fund Bridgewater makes $22 billion bet against European firms, Hedge funds Steadfast and Suvretta jump onto CSX in fourth quarter, Tepper's Appaloosa boosts Apple, Facebook as others bolt, Third Point buys Netflix and MGM, dumps Bank of America, Moore Capital bought Wynn Resorts, other casino stocks before Steve Wynn resigned[more]

    Hedge fund Bridgewater makes $22 billion bet against European firms From Reuters/USNews.com: Bridgewater has shown its hand in Europe with a $22 billion bet against some of the continent's biggest companies, filings reviewed by Reuters show, part of a bigger shift by the world's largest

  3. Funds Profiles - Brother-run hedge fund up 46% in 2017 says Kelly formula shows diversification is flawed, How a 6,000% profit on a single trade saved a small hedge fund from disaster[more]

    Brother-run hedge fund up 46% in 2017 says Kelly formula shows diversification is flawed From Valuewalk.com: When Jeremy and Michael Kahan consider the notion of diversification, the wince. With a return of 45.8% to end 2017, their stock-picking fund, North Peak Capital, successfully

  4. Investing - Hedge funds hook shipping stocks grappling for recovery, Small cap hedge funds offer alternative for cannabis investing, Top stock-picking hedge funds love gaming, health care and media shares, Hedge funds Steadfast and Suvretta jump onto CSX in fourth quarter[more]

    Hedge funds hook shipping stocks grappling for recovery From Hellenicshippingnews.com: Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675 million on signs of renewed buoyancy in the industry. Hedge funds made initial f

  5. Art & Motion launches collectible car alternative investment vehicle[more]

    Komfie Manalo, Opalesque Asia: Luxembourg-based Art & Motion has launched a new investment vehicle dedicated to vintage cars and exceptional high-quality vehicles as this collectible market has grown exponentially the turn of the centu