Sat, Jan 31, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS up 0.08% in February, 1.28% year to date

Monday, March 18, 2013
Opalesque Industry Update - After a strong start into the New Year, the UCITS HFS Index slowed down, reporting gains of 0.08% for February 2013. The broad index started positively into the month with a performance of 0.11% after the first full week of trading. The second week of February was nearly a mirror image of the week before, adding another 0.09% to the monthly result. Although the UCITS HFS Index dropped -0.15% in week three, the February performance remained positive as the last week of the month was quiet with marginal gains of 0.02%. From all funds tracked in the UCITS HFS Index 53.87% reported profits in February 2013.

From a sub-strategy perspective eight out of the twelve sub-strategies reported positive results in February, the best performing being Credit (0.44%), L/S Equity (0.31%) and Convertible (0.27%). While the latter two reported positive weekly results except for week three, Credit reported profits week after week. The worst performing strategies in February were Commodity (-1.30%), CTA (-0.49%) and Global Macro (-0.24%).

While Global Macro reported small gains for week two and four, CTA was negative except for the second week of trading. Commodity on the other hand started with small gains into the month but accumulated constant losses thereafter, ultimately also turning negative from a year to date perspective. Fixed Income remains the only strategy to report 15 consecutive back-to-back positive monthly results in a row. From a year to date perspective the broad UCITS HFS Index now stands at +1.28% in 2013.

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. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would