Opalesque Industry Update - After four negative months in a row the
UCITS HFS Index reported a monthly gain of +0.97% for July 2012. The broad index started
positively into the month with a first week performance of +0.35%, followed up by gains of
+0.15% in week two. While the third week of July marked the best weekly performance of the
month with additional gains of +0.51%, the last days of trading showed mixed results: while
week four brought the first loss of -0.22%, the last three days of the month nearly nullified
that loss with another positive performance of +0.18%. From all funds tracked 74.23%
reported profits from a monthly perspective.|
From a sub-strategy perspective eleven out of the twelve sub-strategies were positive in July, the best performing being CTA (+3.26%), Fixed Income (+1.24%) and Convertible (+1.18%). While the first two reported gains except for the fourth week of trading, the latter only experienced a slight loss in week two.
With its exceptional monthly performance CTA also turned positive from a year to date perspective and now stands at +0.51% in 2012. Furthermore Credit and Fixed Income remain the only two strategies with back-to-back positive monthly results in 2012 with yearly performances of +5.66% and +4.21%. The only strategy to report a loss for July is Event Driven (-0.17%).
Although it started positive into the month with a first week performance of +0.34%, the gains were eroded week after week, finally turning negative in week four from a monthly viewpoint. From a year to date perspective the broad UCITS HFS Index now stands at +2.01% in 2012.
About the UCITS HFS Index