Sun, Dec 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS up 0.08% in February, 1.28% year to date

Monday, March 18, 2013
Opalesque Industry Update - After a strong start into the New Year, the UCITS HFS Index slowed down, reporting gains of 0.08% for February 2013. The broad index started positively into the month with a performance of 0.11% after the first full week of trading. The second week of February was nearly a mirror image of the week before, adding another 0.09% to the monthly result. Although the UCITS HFS Index dropped -0.15% in week three, the February performance remained positive as the last week of the month was quiet with marginal gains of 0.02%. From all funds tracked in the UCITS HFS Index 53.87% reported profits in February 2013.

From a sub-strategy perspective eight out of the twelve sub-strategies reported positive results in February, the best performing being Credit (0.44%), L/S Equity (0.31%) and Convertible (0.27%). While the latter two reported positive weekly results except for week three, Credit reported profits week after week. The worst performing strategies in February were Commodity (-1.30%), CTA (-0.49%) and Global Macro (-0.24%).

While Global Macro reported small gains for week two and four, CTA was negative except for the second week of trading. Commodity on the other hand started with small gains into the month but accumulated constant losses thereafter, ultimately also turning negative from a year to date perspective. Fixed Income remains the only strategy to report 15 consecutive back-to-back positive monthly results in a row. From a year to date perspective the broad UCITS HFS Index now stands at +1.28% in 2013.

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 - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  5. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und