Wed, Nov 26, 2014
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. Investing - George Soros puts $500m of his money on Bill Gross, Soros, Paulson backed Hispania Activos mulls Realia takeover, Ex-Credit Suisse trader’s hedge fund sees yen shorts as crowded, Hedge hunters double default-swaps as views split, Large hedge fund positions come under pressure, Vikram Pandit's fund picks 50% stake in JM Financial's realty lending arm for $87m[more]

    George Soros puts $500m of his money on Bill Gross From WSJ.com: Before Bill Gross was fully settled in at his new firm, Janus Capital Group Inc., he received an unlikely visit from the chief investment officer of famed investor George Soros ’s firm, according to a person familiar with t

  2. Europe - Hedge funds face exit tax as Iceland central bank discusses plan[more]

    From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca

  3. Opalesque Exclusive: Risk management emerges as a competitive focus area for hedge funds[more]

    Bailey McCann, Opalesque New York: Risk management has always been a core component of any trading strategy, as well as a critical part of business management. However, as macreconomic weakness persists, and alpha becomes increasingly hard to generate, risk management as emerged as a more promin

  4. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  5. Gross: Inflation is required to pay for prior inflation[more]

    Benedicte Gravrand, Opalesque Geneva: As inflation rises, every dollar will buy a smaller percentage of a good. While deflation will mean a decrease in the general price level of goods and services. These two economic conditions are both in the waiting room. The consensus would like the former to