Sun, Dec 21, 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. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  5. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und