Fri, Jul 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index returns 0.36% in September 2012 with a year to date return of 2.77%

Tuesday, October 16, 2012
Opalesque Industry Update - After a negative second quarter in 2012 the UCITS HFS Index reported gains for the third consecutive month in September. This positive monthly outcome is due to a strong performance in the first half of September: the first week saw the UCITS HFS Index gain +0.38%, followed by a second week gain of +0.34%. The broad index lost its momentum though in week three, losing -0.09%. Although week four brought additional losses of -0.27%, the UCITS HFS Index reported a gain of 0.36% for September 2012. Of all funds tracked in the UCITS HFS Index 63.96% reported a positive return for the month.

From a sub-strategy perspective eight out of the twelve sub-strategies were positive in September, the best performing being L/S Equity (+0.98%), Convertible (+0.82%) and Global Macro (+0.79%). All three strategies reported big gains in the first half of the month only to lose about a third of the profits in the second half of September. Credit and Fixed Income remain the only two strategies with back-to-back positive monthly results in 2012 with yearly performances of +6.79% and +4.69%, notably also being the only strategies to report a positive performance for the second half of September.

The only three strategies to report a loss for the month are CTA (-1.19%), Arbitrage (-0.45%) and Commodity (-0.19%). CTA and Commodity are also two of the three strategies in the red for this year (-2.08% and –0.79%), the third being Market Neutral (-0.34%). From a year to date perspective the broad UCITS HFS Index now stands at +2.77% in 2012.

Press release

bc

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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  4. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New

  5. SWFs - Abu Dhabi wealth fund says long-term investment gains fell[more]

    From Bloomberg.com: The Abu Dhabi Investment Authority, one of the world’s biggest sovereign wealth funds, said its long-term gains dropped in 2015. The fund’s 20-year annual rate of return slowed to 6.5 percent at the end of 2015, from 7.4 percent a year earlier, it said in its annual review. Over