Sun, Dec 21, 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. 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