Fri, Aug 22, 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. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added