Sun, Apr 30, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index finishes erratic month with gains, up 0.35% in April (1.57% YTD)

Thursday, May 23, 2013
Opalesque Industry Update — The UCITS HFS Index continues its positive performance in 2013 with gains of 0.35% in April 2013. The broad index started negatively into the month with a weekly loss of -0.29% after the first week of trading. Things turned around in week two though with gains of 0.44% which were nearly nullified by a third week loss of -0.43%. As the fourth week of the month brought along a positive performance of 0.51% the monthly performance turned positive again, and additional gains of 0.13% in the last days of April strengthened the result. From all funds tracked in the UCITS HFS Index 61.08% reported profits in April 2013.

From a sub-strategy perspective seven out of the twelve sub-strategies reported positive results in April, the best performing being CTA (1.76%), Global Macro (1.56%) and Convertible (1.06%). While the latter took losses in week one and three, CTA and Global Macro returned gains throughout except for week three. The worst performing strategies in April were Commodity (-0.63%), Currency (-0.56%) and Arbitrage (-0.21%). All of the three strategies started negatively into the month, recovered slightly and took further losses in the third week of trading, which were partially reduced in the last days of April. While Commodity and Arbitrage are also the only two strategies that are negative year to date, Fixed Income (0.64%) remains the only strategy to report 17 consecutive back-to-back positive monthly results in a row. From a year to date perspective the broad UCITS HFS Index now stands at +1.93% in 2013.

The indices are calculated on every Friday and at the end of each month by the index provider 2n20.com AG, a Swiss a financial service provider specialized in internet based services tailored for the hedge fund industry, 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. Gondor Capital sees challenges ahead for financial markets as two hedge funds post strong gains in Q1[more]

    Komfie Manalo, Opalesque Asia: Vincent Au, portfolio manager of New York-based hedge fund firm Gondor Capital Management believes that the remaining of the year would be challenging for the financial markets even as his two hedge funds maintain