Hedge funds were up for the eighth consecutive month in February as managers took advantage of buoyant market sentiment appetite and rallying underlying markets. The Eurekahedge Hedge Fund Index was up 1.17% through February, with the year-to-date return at 1.36%. The MSCI World Index gained 2.75% during the month.
- Assets under management cross US$1.7 trillion for the first time since September 2008.
- Global hedge fund assets up 13.4% since start of July 2010.
- Hedge funds witness eighth consecutive month of positive returns.
- North American hedge funds gained 2.08% in February and are up 14.57% over the last six months.
- Japanese hedge funds gained 1.92% in February and are up 10.15% over the last six months.
- Distressed debt hedge funds are the best performing of 2011 so far, with gains of 3.94%.
- 58% of hedge funds are above December 2008 watermark.
To read more, please see the full Eurekahedge Index Flash, also accessible on Scribd and Issuu.
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