Sun, Nov 29, 2015
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


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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November