Wed, May 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index up 0.69% in July 2013, 1.58% year to date

Thursday, August 22, 2013
Opalesque Industry Update - The UCITS HFS Index bounces back after losses taken in June with a performance of 0.69% in July 2013. The broad index started negatively into the month with a negative result of -0.24% in week one. Things turned around though as the UCITS HFS Index posted gains of 0.91% in the second week of trading, followed by additional 0.19% performance in week three. Although week four brought losses of -0.12% and the last three days of July were negative with -0.04% as well, the monthly result remained positive. From all funds tracked in the UCITS HFS Index 63.96% reported profits in July 2013.

From a sub-strategy perspective ten out of the twelve sub-strategies reported positive results in July, the best performing being L/S Equity (1.89%), Event Driven (1.23%) and Convertible (0.94%). All three of them made their profits mainly in the first three weeks of the month, the best week being the second week of trading which brought nearly half of the monthly gains. The two strategies in the red in July were CTA (-0.56%), Fixed Income (-0.01%). While CTA took losses from week two to four, Fixed Income posted positive returns week after week until week four. The last ten days of trading in July saw the gains vanish though, causing the strategy to turn negative at the end of the month. Four strategies remain negative in 2013 with Commodity leading the field (-3.07%). From a year to date perspective the broad UCITS HFS Index now stands at 1.58% 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 - Third Point's Loeb surfs on as hedge fund washout continues, George Soros has added to his losing bets against the stock market, Hedge funds, VCs and the CIA are throwing money at ex-Bridgewater data scientists' startup, Hedge funds shed retail amid fears of "apocalypse"[more]

    Third Point's Loeb surfs on as hedge fund washout continues From Reuters/Nasdaq.com: Billionaire investor Daniel Loeb said on Thursday that he is still making money even as the hedge fund industry struggles. Loeb, who oversees the $16 billion hedge fund firm Third Point LLC, sa

  2. Investing - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  3. Soon hedge fund investors won't bet on a man, they will bet on a machine[more]

    From Forexlive.com: The Wall Street Journal is in the midst of a 17-part series that looks at the rise of quant funds. The AUM and money invested in quant funds still trails traditional asset managers but the gap is closing. What's truly amazing is volume. Quant funds make up 27% of trading vo

  4. J.P. Morgan Asset Management launches ultra-short income ETF[more]

    Komfie Manalo, Opalesque Asia: J.P. Morgan Asset Management, the $1.5tln investment management arm of JPMorgan Chase & Co., has launched the JPMorgan Ultra-Short Income ETF (JPST), an actively managed ETF that seeks to provide current incom

  5. News Briefs - A former hedge fund manager is running a free masters program in financial engineering, Trinity Fund Administration Ltd joining the Mainstream BPO Group, Chelsea Clinton's husband joins Silicon Valley's Social Capital, The quants run Wall Street now[more]

    A former hedge fund manager is running a free masters program in financial engineering A former hedge funder is offering a free masters degree in a field that's integral to Wall Street's future. Igor Tulchinsky, a former managing director at Millennium Partners, a New York-based hedge fu