Mon, Dec 22, 2014
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 - 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