Thu, Dec 18, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index returns 0.36% in September 2012 with a year to date return of 2.77%

Tuesday, October 16, 2012
Opalesque Industry Update - After a negative second quarter in 2012 the UCITS HFS Index reported gains for the third consecutive month in September. This positive monthly outcome is due to a strong performance in the first half of September: the first week saw the UCITS HFS Index gain +0.38%, followed by a second week gain of +0.34%. The broad index lost its momentum though in week three, losing -0.09%. Although week four brought additional losses of -0.27%, the UCITS HFS Index reported a gain of 0.36% for September 2012. Of all funds tracked in the UCITS HFS Index 63.96% reported a positive return for the month.

From a sub-strategy perspective eight out of the twelve sub-strategies were positive in September, the best performing being L/S Equity (+0.98%), Convertible (+0.82%) and Global Macro (+0.79%). All three strategies reported big gains in the first half of the month only to lose about a third of the profits in the second half of September. Credit and Fixed Income remain the only two strategies with back-to-back positive monthly results in 2012 with yearly performances of +6.79% and +4.69%, notably also being the only strategies to report a positive performance for the second half of September.

The only three strategies to report a loss for the month are CTA (-1.19%), Arbitrage (-0.45%) and Commodity (-0.19%). CTA and Commodity are also two of the three strategies in the red for this year (-2.08% and –0.79%), the third being Market Neutral (-0.34%). From a year to date perspective the broad UCITS HFS Index now stands at +2.77% in 2012.

Press release

bc

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. 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

  4. 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

  5. Performance - Lansdowne, Man Group, other hedge funds profit from shorts in oil, Turmoil boosts hedge funds that bet against Russia, oil, CTAs post strongest returns since December 2010[more]

    Lansdowne, Man Group, other hedge funds profit from shorts in oil From Valuewalk.com: The rising short interest in oil companies implies that the worst for oil is yet to come. Data from Markit shows that short exposure in energy sector of S&P 500 is still looming close to the highest mar