Tue, Sep 30, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index takes slight losses, down -0.30% in August, 1.27% YTD

Thursday, September 12, 2013
Opalesque Industry Update - After a positive start into the second half of the year the UCITS HFS Index reports losses of -0.30% in August 2013. The broad index started positively into the month with gains of 0.29% in the first two days of August. The first full week of trading set the mood for the month though with losses of -0.08%. Things went down hill from there with further losses of -0.13% and -0.07% in week two and three respectively. While having turned slightly negative at that point of time, the UCITS HFS Index had to take its biggest weekly loss of -0.31% in the last week of trading, thus sealing its negative monthly result. From all funds tracked in the UCITS HFS Index only 38.92% reported profits in August 2013.

From a sub-strategy perspective two of the twelve sub-strategies reported positive results in August: Commodity (0.64%) and Event Driven (0.10%). While the later started strongly into the month and added some performance in week three, Commodity made most of its profits in the second and fourth week of trading. The three worst performing strategies were CTA (-1.12%), Fixed Income (-0.51%) and Multi Strategy (-0.41%). While CTA showed high volatility and took major losses in week two and four, Fixed Income was nearly flat at the beginning and end of the month and reported losses in week two and three. Multi Strategy on the other hand showed good results in the first days of trading, only to report losses shortly thereafter for the rest of the month. Four strategies remain negative in 2013 with Commodity still leading the field (-2.45%). From a year to date perspective the broad UCITS HFS Index now stands at 1.27% in 2013.

Press release

The UCITS HFS Index Series is the first index family that tracks all UCITS funds using hedge fund strategies. 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.

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. Socially responsible investments grow in demand, but performance questions persist[more]

    Komfie Manalo, Opalesque Asia: A study by financial services firm TIAA-CREF showed that interest in socially responsible investing (SRI) is increasing rapidly, but investors are still asking if investing in an SRI strategy

  2. Outlook - Julian Robertson: There are two bubbles that can bite us[more]

    From Businessinsider.com: Legendary hedge fund manager Julian Robertson gave a warning about two bubbles that could "bite us" at Bloomberg Market's Most Influential Summit. "I agree with the fact that the economy is definitely getting better. I think the cause of that is two bubbles that will

  3. Manager Profile: Leon Cooperman: The stock market is 'fairly valued,' but the bond market is 'overvalued'[more]

    From Businessinsider.com: Leon Cooperman of Omega Advisors and Howard Marks of Oaktree just finished a panel at Bloomberg's Most Influential Summit. Bloomberg TV's Stephanie Ruhle was the moderator. The two titans, who have known each other for 40 years, spoke about the market and the state of

  4. North America - Some newly registered U.S. hedge fund advisers are ‘cherrypicking’[more]

    From Reuters.com: Some newly registered U.S. hedge fund advisers are "cherry-picking" investments to showcase their performance and improperly changing how they value securities, an agency official said on Monday. Andrew Bowden, head of the SEC's Office of Compliance, Inspections and Examinati

  5. Regulatory - Ireland launches structure for passporting loan origination funds within EU[more]

    From Asiaasset.com: The Irish Funds Industry Association (IFIA) has introduced new loan origination capabilities that will offer Asian managers and investors a new structure under the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD). The new structure will allow the mar