Opalesque Industry Update - After barely being positive in April 2015, the UCITS HFS Index slowly gains momentum in May and posts returns of 0.21%: the fifth positive monthly result in a row. The broad index started negatively into the month, posting a loss of -0.12% after the first full week of trading. Things turned around in week two and three though with returns of 0.07% and 0.29% respectively. The last week of the month did not change much as it brought along a marginal loss of -0.01%. Of all funds tracked 62.30% reported profits in May 2015. From a sub-strategy perspective nine of the twelve strategies reported positive results in May, the top performers being Event Driven (0.81%), L/S Equity (0.70%) and Global Macro (0.40%). While the latter only made profits in week three, L/S Equity posted returns in the first three weeks and Event Driven in the last three weeks of the month. The three strategies in the red were Commodity (-0.71%), CTA (-0.67%) and Fixed Income (-0.35%), all turning negative in the first week of May and unable to recover thereafter. Top performers in 2015 are L/S Equity (5.30%), Global Macro (4.48%) and Convertible (3.04%) so far. From a year to date perspective the broad UCITS HFS Index now stands at 2.71% in 2015.
About the UCITS HFS Index Press release Bg |
Industry Updates
UCITS HFS Index slowly gains momentum, up 0.21% in May (2.71% YTD)
Wednesday, June 24, 2015
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