New York (HedgeCo.Net) – After a good start into 2015 the UCITS Hedge Fund Strategy Index continues its positive run with gains of 1.01% in February 2015. The broad index started slowly into the month, posting returns of 0.13% after the first week of trading. Momentum slowly built with additional gains of 0.22% and 0.20% in week two and three respectively, culminating in the strongest weekly performance of 0.46% in last week of the month. Of all funds tracked 73.96% reported profits in February 2015.
From a sub-strategy perspective eleven of the twelve strategies reported positive results in February, the top performers being L/S Equity (1.91%), Global Macro (1.79%) and Event Driven (1.50%). They all added gains week after week, although L/S Equity generated the most consistent returns throughout the month. The only strategy in the red in February was Currency (-0.08%) which is also down -0.27% for the year. Top performers in 2015 so far are Global Macro (3.64%), CTA (3.56%) and L/S Equity (3.35%). From a year to date perspective the broad UCITS HFS Index now stands at 2.10% in 2015.
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.
Editing by Alex Akesson
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