Sun, Oct 23, 2016
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


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. M&A - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. Macro hedge funds up 3.3% in one week on Fed and Brexit pays off[more]

    Komfie Manalo, Opalesque Asia: Hedge funds were boosted by the strong performance of global macro funds, with the Lyxor Global Macro Index gaining 3.3% as of the week ending Oct. 11 (-1.7% YTD), Lyxor Asset Management reported. Their short on the p