Thu, Oct 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index gains slightly, up 0.29% in March (+1.57% YTD)

Wednesday, April 17, 2013
Opalesque Industry Update — The UCITS HFS Index continues its positive performance in 2013 with gains of 0.29% in March 2013.

The broad index started positively into the month with a performance of 0.44% after the first full week of trading and added additional returns of 0.07% in week two. Things turned around in week three though as the UCITS HFS Index dropped -0.24%, but as the last week of the month was quiet with marginal gains of 0.02% the March performance remained positive. From all funds tracked in the UCITS HFS Index 64.86% reported profits in March 2013.

From a sub-strategy perspective ten out of the twelve sub-strategies reported positive results in March, the best performing being Convertible (0.82%), Event Driven (0.74%) and CTA (0.72%). While all three made most of their gains in the first week of trading and took losses in week three, Event Driven was the only one with only marginal losses in week three (-0.01%). The worst performing strategies in March were Commodity (-0.68%) and Global Macro (-0.06%). The latter reported decent gains in week one that it gave up week by week thereafter, until finally turning negative in the last days of March. Commodity on the other hand reported losses since the beginning of the month and only saw a marginal turn around in the last week of trading with gains of 0.01%. Fixed Income (0.18%) remains the only strategy to report 16 consecutive back-to-back positive monthly results in a row. From a year to date perspective the broad UCITS HFS Index now stands at +1.57% in 2013.

The UCITS HFS Index Series is the first index family that tracks all UCITS funds using hedge fund strategies. The UCITS HFS Index Series includes all UCITS III funds that apply absolute return strategies, have more than 10 Mio. € of assets under management, offer at least weekly liquidity and have reported numbers for more than one month. Index tracking funds, long-only and 130/30 strategies are excluded. The indices are calculated on every Friday and at the end of each month by the index provider 2n20.com AG and are published on the website www.ucitsindex.com.

Press release

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   

Banner

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. Legal - Court throws out lawsuits related to Fannie Mae, Freddie Mac profits, Insider case by SEC is a step removed from Herbalife itself, SEC grants Citigroup waivers, easing hedge-fund curbs[more]

    Court throws out lawsuits related to Fannie Mae, Freddie Mac profits From WSJ.com: A group of Wall Street investors on Tuesday suffered a blow in their attempts to sue the federal government over their treatment of the shareholders of mortgage finance giants Fannie Mae and Freddie Mac af

  2. Launches - Goldman Sachs Asset Management launches GS Long Short Fund, Western & Southern launching international hedge fund, Lansdowne Partners plans energy hedge fund, RBC Global Asset Management launches new RBC Funds (Lux) - Asia Ex-Japan Fund, PVE Capital latest credit strategy to launch on the Sciens managed account platform[more]

    Goldman Sachs Asset Management launches GS Long Short Fund From Marketwatch.com: Goldman Sachs Asset Management has announced the launch of the Goldman Sachs Long Short Fund, which pursues high conviction investment ideas in global equity markets through a fundamental, bottom-up approach

  3. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is

  4. Opalesque Exclusive: Institutions eye private credit over traditional fixed income[more]

    Bailey McCann, Opalesque New York: Investing in private insurance, realty tax receivables, or investment-grade short-term accounts receivable may not spring to mind as a means of mitigating risk in a portfolio, but one firm, New York-based BroadRiver Asset Management is out to change all that. Th

  5. Short-term trading quant fund beats S&P since '09[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A relatively new multi-strategy, market-neutral quantitative hedge fund has managed to outperform the S&P500 and the HFRX Global since 2009. New Jersey-ba