Tue, Oct 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index up +0.32% in November 2012, 3.06% year to date

Monday, December 10, 2012
Opalesque Industry Update - After a slight loss in October the UCITS HFS Index reported gains of +0.32% for November 2012. The broad index started slightly positive into the month with a performance of +0.07% after the first full week of trading. Things changed in the second week though as a loss of -0.53% turned the UCITS HFS Index negative in the mid of November. As week three nullified those losses with gains of exactly +0.53%, followed by additional gains of +0.26% in week four, the broad index looks likely to finish 2012 on a positive note. From all funds tracked 70.63% reported profits in November 2012.

From a sub-strategy perspective ten out of the twelve sub-strategies were positive in November, the best performing being Global Macro (+0.78%), Multi Strategy (+0.64%) and Convertible (+0.55%). All three strategies took losses in the first half of the month and in the second week of trading in particular, but were able to revert this trend in the last half of November and thus finishing on a high. Credit and Fixed Income remain the only two strategies with back-to-back positive monthly results in 2012 with yearly performances of +8.09% and +5.35%. The two strategies in the red this month were Commodity (-0.67%) and Currency (-0.01%). While the first accumulated losses of -1.74% in the first two weeks and thereafter was able to reduce the deficit, the latter just turning negative in the last days of trading. From a year to date perspective the broad UCITS HFS Index now stands at +3.06% in 2012.

Press release

bc

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. Opalesque Exclusive: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Sparx optimistic about outlook for Japan[more]

    Benedicte Gravrand, Opalesque Geneva: According to SPARX, there are causes to be optimistic about the outlook for the Japanese market and the country's economy in general. Sparx Asset Management is a Tokyo-based asset manager, part of