Thu, Apr 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index gains slightly, up 0.29% in March (+1.57% YTD)

Wednesday, April 17, 2013
Opalesque Industry Update — The UCITS HFS Index continues its positive performance in 2013 with gains of 0.29% in March 2013.

The broad index started positively into the month with a performance of 0.44% after the first full week of trading and added additional returns of 0.07% in week two. Things turned around in week three though as the UCITS HFS Index dropped -0.24%, but as the last week of the month was quiet with marginal gains of 0.02% the March performance remained positive. From all funds tracked in the UCITS HFS Index 64.86% reported profits in March 2013.

From a sub-strategy perspective ten out of the twelve sub-strategies reported positive results in March, the best performing being Convertible (0.82%), Event Driven (0.74%) and CTA (0.72%). While all three made most of their gains in the first week of trading and took losses in week three, Event Driven was the only one with only marginal losses in week three (-0.01%). The worst performing strategies in March were Commodity (-0.68%) and Global Macro (-0.06%). The latter reported decent gains in week one that it gave up week by week thereafter, until finally turning negative in the last days of March. Commodity on the other hand reported losses since the beginning of the month and only saw a marginal turn around in the last week of trading with gains of 0.01%. Fixed Income (0.18%) remains the only strategy to report 16 consecutive back-to-back positive monthly results in a row. From a year to date perspective the broad UCITS HFS Index now stands at +1.57% in 2013.

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 10 Mio. € 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.

Press release

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. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  3. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  4. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V

  5. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob