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

UCITS HFS Index finishes year on a high, up +0.48% in December 2012 (+3.55% YTD)

Monday, January 28, 2013
Opalesque Industry Update — After a slightly positive performance in November the UCITS HFS Index continued in the same vain and reported gains of 0.48% for December 2012.

The broad index started positive into the month with a performance of 0.25% in week one. The performance slowed down from there on with gains of 0.11% in week two and 0.08% in week three and came to a halt in week four (0.00%). The last day of December added another 0.05% of performance to see the UCITS HFS Index finish the year on a high. Of all funds tracked 72.61% reported profits in December 2012.

From a sub-strategy perspective, eleven out of the twelve sub-strategies were positive in December, the best performing being Event Driven (1.68%), Convertible (1.35%) and Global Macro (1.24%). All three strategies reported returns week after week, but while the later two made most of their profits in the third week of trading, Event Driven shined in week two in particular. Credit and Fixed Income are the only two strategies with back-to-back positive monthly results in 2012 with yearly performances of 8.59% and 5.71%.

The only strategy in the red in December was Commodity (-1.44%), thus also being the worst performing strategy in 2012 (-4.58%).

The UCITS HFS Index finishes 2012 on a high with a performance of +3.55% for the year.

Press release

The UCITS HFS Index Series is the first index family that tracks all UCITS funds using hedge fund strategies. The UCITS HFS Index Series includes all UCITS III funds that apply absolute return strategies, have more than Eur10m of assets under management, offer at least weekly liquidity and have reported numbers for more than one month. Index tracking funds, long-only and 130/30 strategies are excluded.

The indices are calculated on every Friday and at the end of each month by the index provider 2n20.com AG and are published on the website www.ucitsindex.com.

Bg

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. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Opalesque Exclusive: Ex-Millennium manager to launch global macro hedge fund on 2 May[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Markus Thielen left his London job last year to start a global macro hedge fund in Hong Kong, where he first moved in 2004. He is now the chief investment off

  3. Performance - Blackstone profits plunge 77% as performance fees dive, Hedge fund stars' fortunes hostage to market swings, Hedge fund manager goes from billionaire to millionaire in profits plunge, Hedge funds biggest losers in SunEdison's 'magic money machine'[more]

    Blackstone profits plunge 77% as performance fees dive From FT.com: Blackstone, the world’s biggest manager of alternative investments from private equity to real estate, suffered from sharply lower performance fees amid turbulent markets in the first three months of the year, even as it

  4. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  5. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to