Sat, Oct 1, 2016
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. Opalesque Exclusive: BlackRock taps Artivest for alternative investment platform partnership[more]

    Bailey McCann, Opalesque New York: BlackRock will be working with New York-based Artivest to provide a platform for broader distribution of BlackRock alternatives funds. Artivest is a technology-driven alternative investment platform that also offers brokerage services. BlackRock has approximatel

  2. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as

  3. "Hedge fund industry needs to shrink"[more]

    Komfie Manalo, Opalesque Asia: Writing for CNBC, Josh Brown, creator of The Reformed Broker blog and financial advisor for Ritholtz We

  4. Strategy - Voyager Management wants to invest in smaller hedge funds[more]

    From Valuewalk.com: Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity

  5. Asia - Quant hedge funds are China's hot new export, Europe banks return to Korean brokerage market; target debt, alternative products[more]

    Quant hedge funds are China's hot new export From Bloomberg.com: Add China’s quant shops to the list of hedge funds branching out across Asian markets. Quantitative money managers from the world’s second-largest economy are opening offshore funds at a never-before-seen pace, according to