Wed, Jul 30, 2014
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. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass