Sun, Aug 30, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index breaks negative trend, up +0.97% in July 2012

Monday, August 06, 2012
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.

(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. 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.

About 2n20.com
Founded in 2009, the Freienbach-based Swiss 2n20.com AG is a financial service provider specialized in internet based services tailored for the hedge fund industry. It launched the first index family for hedge funds in UCITS wrapper – the UCITS HFS Index family – and acts as index provider in this regard. 2n20.com provides institutional investors with information via its databases and newsletters and offers investable products on and licensing of its indices. Corporate website:Source
PD

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 - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

    Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

  2. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

    Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

  3. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

    From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

  4. Opalesque Exclusive: Credit-focused hedge fund Numen Capital expects more volatility in Europe in coming months[more]

    Benedicte Gravrand, Opalesque Geneva: A London-based hedge fund, which has just hired two emerging managers, is cautious on Europe. Vassilis Paschopoulos and former Lehman’s colleague Nikos Kargadouris, launched a London-based credit-focused hedge fund called

  5. Performance - Hedge funds bruised by stocks’ meltdown, Capstone’s volatility hedge fund is having a monster month thanks to market mayhem[more]

    Hedge funds bruised by stocks’ meltdown From WSJ.com: Hedge-fund managers like to promise their investors protection from market swings. In the recent stock swoon, many were caught off guard. Billionaire managers such as Leon Cooperman, Raymond Dalio and Daniel Loeb are deeply in the red

 

banner