Sat, Oct 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index finishes year on a high, up +0.48% in December 2012 (+3.55% YTD)

Monday, January 28, 2013
Opalesque Industry Update — After a slightly positive performance in November the UCITS HFS Index continued in the same vain and reported gains of 0.48% for December 2012.

The broad index started positive into the month with a performance of 0.25% in week one. The performance slowed down from there on with gains of 0.11% in week two and 0.08% in week three and came to a halt in week four (0.00%). The last day of December added another 0.05% of performance to see the UCITS HFS Index finish the year on a high. Of all funds tracked 72.61% reported profits in December 2012.

From a sub-strategy perspective, eleven out of the twelve sub-strategies were positive in December, the best performing being Event Driven (1.68%), Convertible (1.35%) and Global Macro (1.24%). All three strategies reported returns week after week, but while the later two made most of their profits in the third week of trading, Event Driven shined in week two in particular. Credit and Fixed Income are the only two strategies with back-to-back positive monthly results in 2012 with yearly performances of 8.59% and 5.71%.

The only strategy in the red in December was Commodity (-1.44%), thus also being the worst performing strategy in 2012 (-4.58%).

The UCITS HFS Index finishes 2012 on a high with a performance of +3.55% for the year.

Press release

The UCITS HFS Index Series is the first index family that tracks all UCITS funds using hedge fund strategies. The UCITS HFS Index Series includes all UCITS III funds that apply absolute return strategies, have more than Eur10m of assets under management, offer at least weekly liquidity and have reported numbers for more than one month. Index tracking funds, long-only and 130/30 strategies are excluded.

The indices are calculated on every Friday and at the end of each month by the index provider 2n20.com AG and are published on the website www.ucitsindex.com.

Bg

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: BlackRock taps Artivest for alternative investment platform partnership[more]

    Bailey McCann, Opalesque New York: BlackRock will be working with New York-based Artivest to provide a platform for broader distribution of BlackRock alternatives funds. Artivest is a technology-driven alternative investment platform that also offers brokerage services. BlackRock has approximatel

  2. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as

  3. "Hedge fund industry needs to shrink"[more]

    Komfie Manalo, Opalesque Asia: Writing for CNBC, Josh Brown, creator of The Reformed Broker blog and financial advisor for Ritholtz We

  4. Strategy - Voyager Management wants to invest in smaller hedge funds[more]

    From Valuewalk.com: Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity

  5. Asia - Quant hedge funds are China's hot new export, Europe banks return to Korean brokerage market; target debt, alternative products[more]

    Quant hedge funds are China's hot new export From Bloomberg.com: Add China’s quant shops to the list of hedge funds branching out across Asian markets. Quantitative money managers from the world’s second-largest economy are opening offshore funds at a never-before-seen pace, according to