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UCITS HFS Index up +0.32% in November 2012, 3.06% year to date

Monday, December 10, 2012
Opalesque Industry Update - After a slight loss in October the UCITS HFS Index reported gains of +0.32% for November 2012. The broad index started slightly positive into the month with a performance of +0.07% after the first full week of trading. Things changed in the second week though as a loss of -0.53% turned the UCITS HFS Index negative in the mid of November. As week three nullified those losses with gains of exactly +0.53%, followed by additional gains of +0.26% in week four, the broad index looks likely to finish 2012 on a positive note. From all funds tracked 70.63% reported profits in November 2012.

From a sub-strategy perspective ten out of the twelve sub-strategies were positive in November, the best performing being Global Macro (+0.78%), Multi Strategy (+0.64%) and Convertible (+0.55%). All three strategies took losses in the first half of the month and in the second week of trading in particular, but were able to revert this trend in the last half of November and thus finishing on a high. Credit and Fixed Income remain the only two strategies with back-to-back positive monthly results in 2012 with yearly performances of +8.09% and +5.35%. The two strategies in the red this month were Commodity (-0.67%) and Currency (-0.01%). While the first accumulated losses of -1.74% in the first two weeks and thereafter was able to reduce the deficit, the latter just turning negative in the last days of trading. From a year to date perspective the broad UCITS HFS Index now stands at +3.06% in 2012.

Press release

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