UCITS HFS Index Posts Gains Second Month in a Row, Up +0.39%

September 7th, 2012
| More
Contributed by: 2n20.com
After July marked a turnaround for the UCITS HFS Index after four consecutive negative months, the broad index posted a gain of +0.39% for August 2012. After a few days into the month the UCITS HFS Index started to gain momentum and cumulated gains of +0.44% after the first full week of trading. The second week of the month brought along additional gains of +0.07%, therefore slight losses in week three (-0.03%) and four (-0.08%) were not decisive enough to impact the positive monthly performance. Of all funds tracked in the UCITS HFS Index 63.96% returned gains in August 2012.

From a sub-strategy perspective nine out of the twelve sub-strategies were positive in August, the best performing being Commodity (+1.38%), Global Macro (+1.20%) and L/S Equity (+0.86%). While the first reported gains except for the last week of trading, the latter two were only positive in the first half of August. While L/S Equity had to give up -0.46% of its August gains in the second half of the month, Global Macro only lost -0.05% in the same time period. Credit and Fixed Income remain the only two strategies with back-to-back positive monthly results in 2012 with yearly performances of +6.26% and +4.39%. The only three strategies to report a loss for August are CTA (-1.41%), Currency (-0.06%) and Market Neutral (-0.04%). Due to its August performance CTA turned negative again from a yearly perspective, having lost -0.91% in 2012 so far. From a year to date perspective the broad UCITS HFS Index now stands at +2.40% in 2012.

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.

About 2n20.com
Founded in 2009, the Freienbach-based Swiss 2n20.com AG is a financial service provider specialized in internet based services tailored for the hedge fund industry. It launched the first index family for hedge funds in UCITS wrapper – the UCITS HFS Index family – and acts as index provider in this regard. 2n20.com provides institutional investors with information via its databases and newsletters and offers investable products on and licensing of its indices.
www.2n20.com
Related Article Tags: Investment Management, Fund Manager and General Financial News; Hedge Fund Resources and Featured Partner News


More Recent Headlines

Phoenix Investment Advisor Adds to Team as AUM Increases

TELUS Fights Mason Capital’s Shareholder Meeting in Court

Effective Activism, on the Cheap - Update

GLG Partners appoints Sudi Mariappa to lead fixed-income hedge fund offering

David Einhorn’s Greenlight Capital LP Quick to Let Clients Know of Industry Leading Gains

Renaissance Technologies and Citadel Investment Group Surge, While Other Top Equity Hedge Funds Stall

Citadel Investment Group’a Global Equities Hedge Fund up 10.3%; Jeff Runnfeldt to Retire

Hedge Funds’ Assets Continued to Rise in First Half of Year

Bill Ackman’s Pershing Square Capital wants “premium” price for General Growth Properties

Carl Icahn Moves his Son Brett Icahn up the Ladder with $3 Billion Hedge Fund