Fri, Oct 9, 2015
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. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  2. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  3. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  4. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i

  5. …And Finally - Japanese men want upgrade on their virtual girlfriends[more]

    From Five years after News of the Weird mentioned it, Japan's Love Plus virtual-girlfriend app is more popular than ever, serving a growing segment of the country's lonely males -- those beyond peak marital years and resigned to artificial "relationships." Love Plus models (Rinko