Mon, Apr 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index’s down -0.04% in October 2012, up 2.73% year to date

Thursday, November 08, 2012
Opalesque Industry Update - After three consecutive positive monthly performances the UCITS HFS Index reported a loss of -0.04% for October 2012. The broad index started positively into the month with first week gains of +0.17%, followed by a minimal loss of -0.04% in week two. While the third week of October contributed gains of +0.12% to the monthly performance, the last days of trading showed mixed results: while week four brought the biggest movement in form of a loss of -0.32%, the last three days of the month were slightly positive again with a marginal gain of +0.03%. From all funds tracked 56.22% reported profits from a monthly perspective.

From a sub-strategy perspective five out of the twelve sub-strategies were positive in October, the best performing being Credit (+0.71%), L/S Equity (+0.53%) and Global Macro (+0.47%). While Credit reported gains week after week, L/S Equity had to give up some of its monthly gains in the last week of trading. Global Macro on the other hand profited from strong performances in week one and three that outweighed the losses in the other two weeks of October. Credit and Fixed Income remain the only two strategies with back-to-back positive monthly results in 2012 with yearly performances of +7.55% and +4.97%. The three worst performing strategies were CTA (-2.79%), Commodity (-1.75%) and Event Driven (-1.31%), the latter turning negative from a year to date perspective. CTA and Commodity are also the two worst performing strategies this year, being down -4.82% and –2.53% respectively. From a year to date perspective the broad UCITS HFS Index now stands at +2.73% 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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  4. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

  5. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

 

banner