Wed, Mar 21, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index recovers again, up 0.52% in September (1.27% YTD)

Monday, October 14, 2013
Opalesque Industry Update - After mixed results in the second half of the year the UCITS HFS Index reports gains of 0.52% in September 2013. The broad index started positively into the month with modest gains of 0.09% in the first week of trading. The best weekly result came in the second week of September with profits of 0.49%. As the third week of the month brought additional gains of 0.18% the performance drop in the last week of trading (-0.25%) did not change the positive monthly result. From all funds tracked in the UCITS HFS Index 67.39% reported profits in September 2013.

From a sub-strategy perspective nine of the twelve sub-strategies reported positive results in September, the best performing being L/S Equity (1.28%), Convertible (1.16%) and Event Driven (0.81%). While the later performed strongly in the first half of the month and took some losses in the second half, L/S Equity and Commodity both did well for the first three weeks and only took some losses in the last week of trading. Only two strategies were in the red in September: Commodity (-1.14%) and CTA (-0.08%). While Commodity added losses week by week, CTA had a very positive first half of the month only to see all profits vanish in the second half of September, just turning negative at the last day of trading. Four strategies remain negative in 2013 with Commodity still leading the field (-3.56%). From a year to date perspective the broad UCITS HFS Index now stands at 1.79% in 2013.

About the UCITS HFS Index
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 AG and are published on the website


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. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/ Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  3. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t

  4. Institutional Investors - Overdrawn pension fund scores gains[more]

    From Investments in big banks, pawn shops and rolling papers helped boost public safety workers' underfunded pensions this past calendar years, according to newly released figures. After recording middling returns in recent years, the Police & Fire Pension Fund (P&F) notched

  5. Hot hedge fund loses 21% after bet on volatility goes wrong[more]

    From In December, Shahraab Ahmad shared with his hedge fund clients the principle that helped him trounce peers for two turbulent decades: steer clear of the crowd. He'd turned $50 million into an operation with more than $700 million over three years and delivered market-beating retu