UCITS Indices Advance

April 14th, 2010
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March was the best month in 2010 for the UCITS HFS Index as it advanced by +2.24%, which was not good enough to beat the Hennessee Hedge Fund Index (+3.05%) or the S&P 500 (+5.88%). According to the 2n20.com AG, which calculates the UCITS HFS Index Series family, the Global Macro Index was the strongest-performing strategy with an auspicious first week of March and a good run in the second half of the month ending with a 5.66% gain for March.

Other strategies in the UCITS HFS Index Series that performed positively in March include the Convertible (3.42%), the L/S Equity (3.00%) and the Event Driven (2.56%). The Fixed Income and Market Neutral indices also managed to pull up their numbers by the end of the month, despite starting off with negative performances. However, the CTA’s meager gains of 1.87% were not sufficient to make up for its poor performance in January of this year.

2n20.com AG operates a transparent secondary market platform for trading hedge funds, pulling numbers from all “UCITS III funds that apply absolute return strategies, have more than €10 million of assets under management, offer at least weekly liquidity and have reported numbers for more than one month.” 2n20.com AG was founded in 2009 and operates out of Freienbach, Switzerland.
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News


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