Mon, Feb 8, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index’s down -0.04% in October 2012, up 2.73% year to date

Thursday, November 08, 2012
Opalesque Industry Update - After three consecutive positive monthly performances the UCITS HFS Index reported a loss of -0.04% for October 2012. The broad index started positively into the month with first week gains of +0.17%, followed by a minimal loss of -0.04% in week two. While the third week of October contributed gains of +0.12% to the monthly performance, the last days of trading showed mixed results: while week four brought the biggest movement in form of a loss of -0.32%, the last three days of the month were slightly positive again with a marginal gain of +0.03%. From all funds tracked 56.22% reported profits from a monthly perspective.

From a sub-strategy perspective five out of the twelve sub-strategies were positive in October, the best performing being Credit (+0.71%), L/S Equity (+0.53%) and Global Macro (+0.47%). While Credit reported gains week after week, L/S Equity had to give up some of its monthly gains in the last week of trading. Global Macro on the other hand profited from strong performances in week one and three that outweighed the losses in the other two weeks of October. Credit and Fixed Income remain the only two strategies with back-to-back positive monthly results in 2012 with yearly performances of +7.55% and +4.97%. The three worst performing strategies were CTA (-2.79%), Commodity (-1.75%) and Event Driven (-1.31%), the latter turning negative from a year to date perspective. CTA and Commodity are also the two worst performing strategies this year, being down -4.82% and –2.53% respectively. From a year to date perspective the broad UCITS HFS Index now stands at +2.73% 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 - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  2. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  3. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  4. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  5. Computer-driven hedge funds make money during January’s selloff[more]

    Komfie Manalo, Opalesque Asia: Commodity trading advisers (CTAs) that use computer programs to guide how they trade, made millions of dollars during last month’s market selloff on the back of declining oil prices and global equities and big moves in currencies. Data provider