New York (HedgeCo.net) – The UCITS HFS Index neither lost nor gained in the third week of trading in September 2010 and is still up by 0.41% month to date (by business day 15, September 21st, 2010).
Out of the eleven strategies five returned negative results in the last five trading days, Fixed Income (-0.79%) and Currency (-0.46%) taking the biggest hits. The two strategies reporting noteworthy gains in third week of trading were CTA (+1.26%) and Convertible (+0.70%).
While the former managed to turn its month to date performance around (+0.54%) Convertible maintains its consistent performance and is already up +3.02% in September 2010. From a year to date perspective the broad UCITS HFS Index stays unchanged at +3.07%.
Editing By Alex Akesson
