Wed, Oct 1, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index gains 0.39% in August (+2.40% YTD)

Friday, September 07, 2012
Opalesque Industry Update - After July marked a turnaround for the UCITS HFS Index after four consecutive negative months, the broad index posted a gain of +0.39% for August 2012. After a few days into the month the UCITS HFS Index started to gain momentum and cumulated gains of +0.44% after the first full week of trading. The second week of the month brought along additional gains of +0.07%, therefore slight losses in week three (-0.03%) and four (-0.08%) were not decisive enough to impact the positive monthly performance. Of all funds tracked in the UCITS HFS Index 63.96% returned gains in August 2012.

From a sub-strategy perspective nine out of the twelve sub-strategies were positive in August, the best performing being Commodity (+1.38%), Global Macro (+1.20%) and L/S Equity (+0.86%). While the first reported gains except for the last week of trading, the latter two were only positive in the first half of August. While L/S Equity had to give up -0.46% of its August gains in the second half of the month, Global Macro only lost -0.05% in the same time period. Credit and Fixed Income remain the only two strategies with back-to-back positive monthly results in 2012 with yearly performances of +6.26% and +4.39%. The only three strategies to report a loss for August are CTA (-1.41%), Currency (-0.06%) and Market Neutral (-0.04%). Due to its August performance CTA turned negative again from a yearly perspective, having lost -0.91% in 2012 so far. From a year to date perspective the broad UCITS HFS Index now stands at +2.40% 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.

fg

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. Socially responsible investments grow in demand, but performance questions persist[more]

    Komfie Manalo, Opalesque Asia: A study by financial services firm TIAA-CREF showed that interest in socially responsible investing (SRI) is increasing rapidly, but investors are still asking if investing in an SRI strategy

  2. Regulatory - Ireland launches structure for passporting loan origination funds within EU[more]

    From Asiaasset.com: The Irish Funds Industry Association (IFIA) has introduced new loan origination capabilities that will offer Asian managers and investors a new structure under the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD). The new structure will allow the mar

  3. Europe - Ed Miliband's war on hedge funds could damage City of London[more]

    From Telegraph.co.uk: Ed Miliband’s plans to wage war on hedge funds could be potentially more damaging to the City of London than even the financial transaction tax (FTT), senior banking sources warned on Tuesday night. The Leader of the Opposition took aim at a number of industries as part of his

  4. News Briefs - SEC probes Pimco ETF over pricing irregularities, BEPs: Action plan released and UK first to adopt country-by-country reporting[more]

    SEC probes Pimco ETF over pricing irregularities The Securities and Exchange Commission is investigating Pimco’s pricing of exchange traded funds, the latest cloud to hang over the world’s largest bond manager, which has been dogged by poor performance and management infighting. Pimco on

  5. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is