Wed, Jan 28, 2015
A A A
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

bc

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 - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  2. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  3. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  4. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r

  5. Indices - Barclay CTA Index gains 7.71% in 2014; largest traders return 12.31% for the year, Wilshire Liquid Alternative Index family outperforms investable hedge fund index counterparts in 2014[more]

    Barclay CTA Index gains 7.71% in 2014; largest traders return 12.31% for the year The Barclay CTA Index compiled by BarclayHedge gained 7.71% in 2014. The Barclay BTOP50 Index, which measures performance of the largest CTAs, was up 12.31% in 2014. “The BTOP50 had a strong finish, e