Sun, Sep 24, 2017
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. iCapital Network enters deal to acquire innovative U.S. private equity access fund platform from Deutsche Bank[more]

    Komfie Manalo, Opalesque Asia: Financial technology platform iCapital Network has entered into a definitive purchase agreement to acquire the US Private Equi

  2. Asia - Hedge funds used to love shorting China. Now, not so much, Fledgling China FoFs require careful use: NCSSF, Amac, Japanese banks turn to PE, hedge funds for returns[more]

    Hedge funds used to love shorting China. Now, not so much From Bloomberg.com: A sharp devaluation. A credit crisis. And an economic hard landing. That's what some of the biggest names in the hedge fund industry were predicting for China after the nation's stocks and currency tumbled in 2

  3. Launches - Orchard launches new credit platform, ETN based on hedge fund to launch on the LSE[more]

    Orchard launches new credit platform Orchard Platform has rolled out Deals as a part of its new platform launch. With the addition of Deals to their suite of technology solutions for loan originators and institutional investors, Orchard Platform takes the next step in their evolution. De

  4. Neuberger Berman closes $1.1bn Credit Opportunities Fund[more]

    Neuberger Berman, a private, independent, employee-owned investment manager, announced that NB Private Equity Credit Opportunities Fund LP closed on $1.1 billion of limited partner commitments. The Fund seeks to invest in the secured and unsecured debt of private equity-backed companies, primarily i

  5. Capital Dynamics launches mid-market private credit business[more]

    Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' N