Thu, Aug 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UCITS HFS Index recovers again, up 0.52% in September (1.27% YTD)

Monday, October 14, 2013
Opalesque Industry Update - After mixed results in the second half of the year the UCITS HFS Index reports gains of 0.52% in September 2013. The broad index started positively into the month with modest gains of 0.09% in the first week of trading. The best weekly result came in the second week of September with profits of 0.49%. As the third week of the month brought additional gains of 0.18% the performance drop in the last week of trading (-0.25%) did not change the positive monthly result. From all funds tracked in the UCITS HFS Index 67.39% reported profits in September 2013.

From a sub-strategy perspective nine of the twelve sub-strategies reported positive results in September, the best performing being L/S Equity (1.28%), Convertible (1.16%) and Event Driven (0.81%). While the later performed strongly in the first half of the month and took some losses in the second half, L/S Equity and Commodity both did well for the first three weeks and only took some losses in the last week of trading. Only two strategies were in the red in September: Commodity (-1.14%) and CTA (-0.08%). While Commodity added losses week by week, CTA had a very positive first half of the month only to see all profits vanish in the second half of September, just turning negative at the last day of trading. Four strategies remain negative in 2013 with Commodity still leading the field (-3.56%). From a year to date perspective the broad UCITS HFS Index now stands at 1.79% in 2013.

About the UCITS HFS Index
The UCITS HFS Index Series is the first index family that tracks all UCITS funds using hedge fund strategies. The UCITS HFS Index Series includes all UCITS III funds that apply absolute return strategies, have more than 10 Mio. € of assets under management, offer at least weekly liquidity and have reported numbers for more than one month. Index tracking funds, long-only and 130/30 strategies are excluded.

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: Altegris and Artivest partner on distribution for alternative funds suite[more]

    Bailey McCann, Opalesque New York: California-based investment firm Altegris has partnered with New York-based alternative investments platform Artivest on distribution for $1 billion in alternative funds. The partnership also launches Artivest's capabilities to offer alternative solutions to acc

  2. Investing - Buffett's Berkshire Hathaway will not increase its Oncor offer, Travel-tilting hedge funds are investing in airlines and online travel agencies[more]

    Buffett's Berkshire Hathaway will not increase its Oncor offer From Reuters.com: The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will "stand firm" on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase it

  3. Investing - David Tepper sells airline stocks, except Delta[more]

    From Forbes.com: Head of successful hedge fund Appaloosa Management, David Tepper shied away from airlines in the second quarter after upping his bets in the first three months of the year, according to his portfolio filing released this week. Tepper sold all of his position in United Continen

  4. Opalesque Exclusive: Update: Emerging long-biased hedge fund expands coverage[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Left Brain Capital Management, which manages Left Brain Capital Appreciation Fund

  5. Investing - Silchester International Investors buys 5% stake in bookie William Hill, Hedge funds split over Microsoft, Top hedge funds are bullish on these 3 mega-cap stocks, Hedge funds betting demise in small-cap stocks will get worse[more]

    Silchester International Investors buys 5% stake in bookie William Hill From Thisismoney.co.uk: A leading investment fund has put its cash behind under-pressure William Hill. Mayfair-based Silchester International Investors has bought 5 per cent of the bookmaker's stock - which has almos