Monthly Archives: October 2015

Interview with Hugues Gillibert, Fitz Partners

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A pHugues Gilibertioneer in fund cost calculation in Europe, from 1996, Hugues developed Fitzrovia International alongside Paul Moulton before selling their well-respected business to Lipper. After 4 successful years as Head of New Ventures at Thomson Reuters, Hugues setup FITZ Partners. He has supported Working Groups on fund expenses for INREV, ALFI or now EIOPA, and spoken at diverse asset management events. He gained an MSc in Finance from Strathclyde University in Scotland and a degree in European Business Studies from Group ESC Bordeaux in France.

UCITSindex.com: Fitz Partners provides fund fees benchmarking analysis. Can you explain how it works?
Hugues Gillibert: This is correct, Fitz Partners delivers fund fees and expenses benchmarks. In order to create relevant and quality benchmarks we calculate our own fund fee data. We do not collect any fee data from asset managers or from published marketing materials but, for each and every 19,000 share class in our database we have calculated their fees from the funds audited accounts. Read More

Fund of the Month October 2015: Tungsten TRYCON Basic Invest HAIG

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Fund Strategy
Tungsten TRYCON Basic Invest HAIG is a systematic short-term CTA offering daily liquidity in a UCITS format. The fund’s objective is to provide absolute returns with a moderate risk-return profile and markedly low correlation to other investments including CTAs. The fund seeks to achieve its objective predominantly through the implementation of its proprietary QuantMatrix which has been introduced in September 2013. The strategy trades some 40 global equity, fixed income and currency markets, using regulated, liquid and exchange traded financial instruments. Both long and short positions can be held seeking to profit from identified trading opportunities. The strategy and its strict risk management are based on a clearly defined set of rules, adjusting the portfolio dynamically to changing market conditions.


 

Fund Chart
2015_10_chart_Trycon_blue Read More

UCITS HFS Index continues shaky performance, down -0.71% in September 2015

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After a draw-down in August the UCITS HFS Index reports a loss of -0.71% in September 2015 due to ongoing market turmoil. The broad index started negatively into the month, dropping -0.19% after the first week of trading. The negative trend was halted in week two as the UCITS HFS Index gained 0.04%, before week three brought along another loss of -0.09%. The last week and a half of the month did the real damage though as losses of -0.47% reflected the market turmoil trickling through even to absolute return funds. Of all funds tracked only 28.53% reported gains in September 2015.
chart_UCITS HFS Index_2015_9
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