Fri, Oct 28, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index starts 2013 with positive January return of 1.20%

Tuesday, February 19, 2013
Opalesque Industry Update - The UCITS HFS Index reported the highest monthly gains since January 2012 and is up 1.20% for January 2013. The broad index started positive into the new year with a performance of 0.63% after the first days of trading. Although things slowed down in the second week (0.03%), gains of 0.43% and 0.19% in week three and four respectively secured a positive January result. Therefore a loss of -0.09% in the last days of trading did not have too much impact on the overall good start into 2013. From all funds tracked in the UCITS HFS Index 69.73% reported profits in January 2013.

From a sub-strategy perspective ten out of the twelve sub-strategies reported positive results in January, the best performing being L/S Equity (+3.08%), Convertible (+2.20%) and CTA (+1.89%). While the latter two reported positive results week after week, L/S Equity took a minor hit in week two only to pick up the speed thereafter to finish with one of its strongest monthly results. The two strategies that took losses in January were Arbitrage (-0.53%) and Credit (-0.03%). While the first accumulated losses constantly throughout the month, the latter just turned negative in the last days of trading. This is noteworthy as Credit was the only strategy besides Fixed Income with back-to-back positive monthly results in 2012. As the broad UCITS HFS Index finished last year with a performance of 3.55%, an early year to date performance of 1.20% in 2013 looks like a promising start.

Press release


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. David Einhorn speaks on passive investing, Mylan, his cheapest stock, the Fed[more]

    From Greenlight Capital hedge fund manager David Einhorn (Trades, Portfolio) joined nine other famed investors on Tuesday to talk about stocks at the annual Great Investors’ Best Ideas Investment Symposium in Dallas. Presenters at the annual conference typically pitch one or severa

  2. Investing - Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities, Lansdowne's Roden says likes animal genetics company Genus[more]

    Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities From As ValueWalk reported back in February, earlier this year Andrew Lawrence set out to raise $250 million to $500 million for a fund that will buy stakes in hedge funds that have suspended redem

  3. Opalesque Roundtable: Style drift, poor communications and credibility fatigue are biggest red flags for hedge funds investors[more]

    Komfie Manalo, Opalesque Asia: Style drift, poor communications and credibility fatigue are the biggest red flags for hedge funds investors, said participants of the latest 2016 Opalesque Investor Roundtable, sponso

  4. Barclay CTA Index down 0.40% in September (+0.10% YTD)[more]

    Managed futures traders lost 0.40% in September according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.10% year to date. “The US Fed, in spite of its hawkish tone, opted to hold rates steady which roiled financial markets,” says Sol Waksman, founder and president of BarclayHe

  5. Opalesque Exclusive: Meet Emma, your friendly A.I. helper[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Shaunka Khire, who co-designed an artificial intelligence (AI) robot called EMMA/MANSI, talks to Opalesque