Thu, Jul 31, 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. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  2. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass