Thu, Jul 31, 2014
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. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  2. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass