Wed, Sep 28, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

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

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. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  2. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  3. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  4. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  5. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style