Fri, Oct 9, 2015
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


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. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  4. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  5. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with