Thu, Apr 24, 2014
A A A
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 2n20.com AG and are published on the website www.ucitsindex.com.

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
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: Rainwater and Blue Sky - an Australian water fund emerges[more]

    Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

  2. Regulatory – Expect greater SEC scrutiny of hedge funds that share information or collaborate in advance of their trades, Alternative funds to get SEC test for leverage, liquidity[more]

    Expect greater SEC scrutiny of hedge funds that share information or collaborate in advance of their trades From Thelawyer.com: A recent Wall Street Journal article — ‘Activist investors often leak their plans to a favoured few’ — focused attention on ‘activist’ investors and stock analy

  3. …And Finally – This week's least competent criminal is Austrian[more]

    From ABCnews.go.com: A German sought by authorities for alleged fraud has been arrested in Austria — after dropping into a police station to ask officers whether he was under investigation. Police in Salzburg said the 59-year-old man walked into a police station in the city on Friday night. Sp

  4. Investing – Hedge funds find pitfalls along with profits in real estate ventures, Marcato Capital Management makes new bet on Dillard’s[more]

    Hedge funds find pitfalls along with profits in real estate ventures From Law360.com: Hedge funds have joined the rush to real estate deals and development in recent months to close the financing gap left by tightening bank standards, but attorneys say many aren't prepared for the disclo

  5. South Korea’s state fund plans to double alternative investments[more]

    From Businessweek.com: Korea Investment Corp., the nation’s $72 billion sovereign wealth fund, plans to double alternative investments over the next 10 years to compensate for declining returns from stocks and bonds. “We’ll have to embrace the lower return expectation from traditional assets and tha