Fri, Aug 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index finishes erratic month with gains, up 0.35% in April (1.57% YTD)

Thursday, May 23, 2013
Opalesque Industry Update — The UCITS HFS Index continues its positive performance in 2013 with gains of 0.35% in April 2013. The broad index started negatively into the month with a weekly loss of -0.29% after the first week of trading. Things turned around in week two though with gains of 0.44% which were nearly nullified by a third week loss of -0.43%. As the fourth week of the month brought along a positive performance of 0.51% the monthly performance turned positive again, and additional gains of 0.13% in the last days of April strengthened the result. From all funds tracked in the UCITS HFS Index 61.08% reported profits in April 2013.

From a sub-strategy perspective seven out of the twelve sub-strategies reported positive results in April, the best performing being CTA (1.76%), Global Macro (1.56%) and Convertible (1.06%). While the latter took losses in week one and three, CTA and Global Macro returned gains throughout except for week three. The worst performing strategies in April were Commodity (-0.63%), Currency (-0.56%) and Arbitrage (-0.21%). All of the three strategies started negatively into the month, recovered slightly and took further losses in the third week of trading, which were partially reduced in the last days of April. While Commodity and Arbitrage are also the only two strategies that are negative year to date, Fixed Income (0.64%) remains the only strategy to report 17 consecutive back-to-back positive monthly results in a row. From a year to date perspective the broad UCITS HFS Index now stands at +1.93% in 2013.

The indices are calculated on every Friday and at the end of each month by the index provider 2n20.com AG, a Swiss a financial service provider specialized in internet based services tailored for the hedge fund industry, 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   |   
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. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added