Fri, Nov 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index takes forth monthly loss in a row, down -0.09% in June (+1.02% YTD)

Monday, July 09, 2012
Opalesque Industry Update - The UCITS HFS Index continues its downward trend with a loss of -0.09% in June 2012 after it already dropped -1.40% from March till May 2012. The loss this month is attributable to the first two weeks of trading in which the UCITS HFS Index took losses of -0.31% and -0.22%. Although the performance of the broad index turned around in week three with gains of +0.30%, week four started negative, only turning positive (+0.14%) after a strong last day of trading. Still this was not enough to turn the June result positive from a month to date perspective. From all funds tracked 51.26% posted positive returns in June 2012.

From a sub-strategy perspective seven out of the twelve sub-strategies returned profits in June. The best performing strategies were Convertible (+1.01%), Credit (+1.00%) and Global Macro (+0.85%), all of them outweighing minor early losses from the beginning of the month with respectable gains in the second half of June. Credit and Fixed Income are the only two strategies with back to back positive monthly results in 2012, accumulating now seven positive months. They stand at +4.52% and +2.93% from a year to date perspective. The three worst performing strategies in June were CTA (-3.35%), Commodity (-1.34%) and Event Driven (-0.92%). While the first two lost money week after week, Event Driven was able to post small positive returns in week three of June, before taking a major hit in the last week of trading. From a year to date perspective the broad UCITS HFS Index now stands at +1.02% in 2012.

(press release)

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...Full performance table:Source

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. Tourbillon Capital, a $3.4bn hedge fund that's been sounding the alarm about 'frothy speculation,' is suffering big losses[more]

    From Businessinsider.com: Tourbillon Capital, a $3.4 billion hedge fund firm led by Jason Karp, is suffering. The firm's flagship Global Master fund is down 3.5% for the first 17 days of November, bringing performance for the year to November 17 to a loss of 10.6%, according to a note to investors s

  2. Fund Profile - The Tiger of Silicon Valley: Glen Kacher's sizzling hedge fund[more]

    From Forbes.com: When you live and work in a town where the median home costs $2.7 million and hobnob with the executives of billionaire factories like Facebook and Tesla, it's easy to see why you might think technology stocks are invincible. So far in 2017, the Nasdaq Composite index has gained 25%

  3. Launches - Asset manager launches Europe's first bitcoin mutual fund, Prime Capital Aviation Debt Fund enables aviation debt investments for institutional investors[more]

    Asset manager launches Europe's first bitcoin mutual fund From Coindesk.com: A French asset manager has announced the launch of Europe's first mutual fund centered around bitcoin. Announced today, Tobam's alternative investment fund perhaps represents the latest bid to attract institutio

  4. Legal - Consumers say hedge fund financed illegal tribal lending, New York's highest court permits shareholder of a Cayman-incorporated company to bypass Cayman law and bring derivative action in New York[more]

    Consumers say hedge fund financed illegal tribal lending From Law360.com: Vermont residents on Tuesday hit a hedge fund with a proposed class action in federal court alleging it helped concoct a sham tribal payday lending scheme meant to skirt laws preventing companies from charging cons

  5. Investing - Tech still hedge funds' sweetheart sector: Goldman Sachs, Hedge funds haven't been this leveraged to buy stocks since the bull market began, Top financials hedge fund details short bet against Morningstar, Fund CRC presents an offer for Carige's consumer credit unit, Hedge funds sell shares in Altice USA after difficult quarter[more]

    Tech still hedge funds' sweetheart sector: Goldman Sachs From Reuters.com: Tech stocks remain the largest net sector exposure for equity hedge funds, which are set to deliver their strongest returns since 2013, Goldman Sachs said on Wednesday in a note on the industry's most and l